Ripple SEC Lawsuit Update: Motion to Dismiss, Extension Granted & Discovery Conference Set
Ripple v. SEC Lawsuit Update Feb. 27 (and More)
Key Points:
- Ripple filed a motion to dismiss the SEC lawsuit.
- The SEC requested a two-month extension to respond to the motion to dismiss.
- The court granted the SEC's request, moving the deadline to April 12.
- Ripple's legal team responded to the SEC's motion to strike Brad Garlinghouse and Chris Larsen's fair notice defense.
- The court set a telephonic discovery conference for March 19.
As the legal battle between Ripple and the SEC continues to unfold, the latest updates include Ripple's motion to dismiss the lawsuit and the SEC requesting an extension to respond. The court has granted the extension, pushing back the deadline for the SEC's response. Additionally, Ripple's legal team addressed the SEC's motion to strike the fair notice defense of Brad Garlinghouse and Chris Larsen. The upcoming telephonic discovery conference scheduled for March 19 will be a crucial event in the case.
With both parties actively involved in legal proceedings, the outcome of the Ripple v. SEC lawsuit remains uncertain. Each development in the case brings new insights into the future of Ripple and regulatory clarity for the cryptocurrency industry as a whole.