Here Are Five Key Dates to Note as SEC vs. Ripple Nears its Conclusion

A tweet posted by attorney James K. Filan provided a scheduling update for the US Securities and Exchange Commission vs. Ripple lawsuit, outlining five significant dates to keep in mind as the trial draws to a close.

As part of Tuesday’s scheduling update, both parties requested an extension to file Daubert Motions publicly.

Significantly, both parties will submit Omnibus Motions to Seal Materials Relating to Motions for Summary Judgement today, December 22. The court also anticipates that the papers mentioned above will be redacted and filed simultaneously by both parties.

The court has set January 4 as the deadline for third parties to request the sealing of documents pertaining to applications for summary judgment. According to Filan, failure to do so by the deadline entails waiving the right by those parties.

In response to the Omnibus Motions filed on December 22, the court expects both parties to file responses on January 9, 2023.

Lastly, on January 18, all parties must respond to third parties’ motions to seal summary judgment materials.

Read: Ripple Vs. SEC: Filan Says SEC Wants to ’Kill’ Crypto in The US

Proponents of XRP have responded to the most recent scheduling update with excitement as the two-year legal struggle is about to come to an end.

@JayXRP2 says: “Finally, the lawsuit finds an end soon. Thanks, FilanLaw, for your hard work.”

Notably, the schedule has been altered numerous times throughout the course of the case and is still vulnerable to modification.

Interestingly, the SEC’s complaint against Ripple and its management, accusing them of offering and selling unregistered securities, was filed exactly two years ago on this day. In Q1 2023, according to Filan, Judge Analisa Torres will issue her summary judgment decision.

On Tuesday, Judge Torres granted Ripple’s Daubert motions while partly denying the SEC.

Read the Full Document, all credits to James K. Filan:

image source: https://twitter.com/FilanLaw/status/1605652573700034560

image source: https://twitter.com/FilanLaw/status/1605652573700034560

Olasunkanmi Abudu

Olasunkanmi Abudu is a Web3 content writer with over five years of experience covering blockchain, decentralized finance, and digital assets. He specializes in producing well-researched and accessible content that explains complex technologies and market trends to both general readers and industry professionals.

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