Category: xrp lawsuit

XRP Lawsuit: Case extended further with Court Granting Expert Discovery Extension

The latest update in the XRP lawsuit has brought bad news for Ripple and XRP Holders, as the court granted SEC’s 2-months extension request for the expert discovery deadline in a Text-Only Order. JUST ADDED to our Document Library: Order Extending Expert Discovery to January 14, 2022 (Text-Only Order). (1/5) https://t.co/P16CwGWGJO — CryptoLaw (@CryptoLawUS) October […]

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XRP Lawsuit: XRP Holders approach the court regarding the expert discovery extension dispute

The latest development in the XRP lawsuit saw Attorney Deaton write to Judge Torres on behalf of Movants (XRP Holders) to consider the community’s “meaningful perspective” to aid the Court in “reach[ing] a proper decision” in Expert discovery deadline extension dispute. The letter noted that while the court formerly denied Movants’ Motion to Intervene in […]

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XRP Lawsuit: Ripple objects further extensions in lieu of frozen XRP markets

The latest update in the XRP lawsuit saw Ripple file an opposition to the SEC’s letter seeking a two-month extension of the Court-ordered expert discovery deadline, dragging the case further into the new year. Ripple noted that while it agreed to extend the deadline for rebuttal expert reports to November 12, expert discovery should not […]

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Why Bitcoin ETF Is Such A Big Deal and May Push Bitcoin Above $100k?

Amid a global regulatory crackdown on cryptocurrencies, the U.S. SEC’s approval of a Bitcoin (BTC) Exchange-Traded Fund (ETF) has come as a pleasant surprise to the Bitcoin community. The most awaited ProShares Bitcoin Strategy ETF is reportedly launching as early as Monday, October 18. This ETF is going to be traded with a ticker symbol […]

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XRP Lawsuit: SEC repeats “privileged documents” argument like a broken record

After hitting face first in the DPP dispute, the SEC has continued to assert its “privileged documents” stance. The latest development in the XRP lawsuit saw the SEC submit a redacted version of the three additional documents requested by Ripple for in-camera review on the public docket. The commission also submitted an explanation for its […]

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XRP Lawsuit: SEC aims to make XRP skip the bull run with an Expert Discovery Extension Appeal

The latest update in the XRP lawsuit saw the SEC file a letter requesting the Court to extend the expert rebuttal report deadline to November 12, 2021, and the expert discovery deadline to January 14, 2022, from the former date of November 12, 2021. The plaintiff noted that the extension will allocate both parties sufficient […]

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XRP Lawsuit: SEC contends Ripple’s “boil-the-ocean” argument

The latest development in the XRP lawsuit saw the SEC respond to Ripple’s opposition letter to the plaintiff’s Letter Motion Compelling discovery of recordings of defendants’ internal meetings, where Garlinghouse, Larsen & other key employees spoke on topics relevant to disputes in the lawsuit. At this point, the case has turned into a tug of […]

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XRP Lawsuit: SEC marks Ripple response as “misleading” in the RFAs dispute

After losing its extensively stretched “privileged documents” argument, the SEC has now switched to three new words – “burdensome”, “irrelevant”, and “duplicative” to tackle every argument thrown at them. The latest update in the XRP lawsuit saw the plaintiff file an opposition against the defendant’s response to SEC’s protective order request in the RFAs dispute. […]

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XRP Lawsuit: SEC discards Settlement speculations with its disagreement of Ripple’s Seal appeal

The latest update in the XRP lawsuit saw the SEC disagree with Ripple’s exclusive redaction and seal appeal. This dispute refers to the SEC’s Letter Motion Compelling discovery of recordings of defendants’ internal meetings, where Garlinghouse, Larsen & other key employees spoke on topics relevant to disputes in the lawsuit. With the plaintiff’s current position […]

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XRP Lawsuit: Court orders in camera review regardless SEC “privileged documents” stance

The recent development in the XRP lawsuit witnessed the Court grant Ripple’s September 24 appeal, seeking the addition of three documents by the SEC for in-camera review, that the plaintiff had either redacted or withheld by logging them as “privileged”. These documents include the two documents related to the SEC’s meetings with law firms, along […]

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