And the latest from Jeremy Hogan - Ripple case will go into 2022 :(

[HAL1000]

Taken from this thread

Anthony

@attorneyjeremy1

hello, I have one question, hope you answer it, but I know you got thousands of those!! Taking my chance. What can the judge do if the SEC doesn’t give any documents the third?

Jeremy Hogan

A judge can order monetary sanctions and if those don't work can even strike defenses or counts from pleadings or even dismiss a case.

Sandro Taruchaladze

@attorneyjeremy1

so if there is no settlement, and we went to trial, what is a realistic date all of this could be wrapped up by a judge/jury verdict ?

Jeremy Hogan

I think only the case against Brad and Chris can make it to trial. I think the Ripple case is decided at summary judgment by the Judge in early 2022. December is not a possibility now since the discovery deadlines got pushed back.

 

Somebody get Bitboys inside sources on the phone, Hogan, say's 2022,

[CryptoPitbull]

1 hour ago, HAL1000 said:

Taken from this thread

Anthony

@attorneyjeremy1

hello, I have one question, hope you answer it, but I know you got thousands of those!! Taking my chance. What can the judge do if the SEC doesn’t give any documents the third?

Jeremy Hogan

A judge can order monetary sanctions and if those don't work can even strike defenses or counts from pleadings or even dismiss a case.

Sandro Taruchaladze

@attorneyjeremy1

so if there is no settlement, and we went to trial, what is a realistic date all of this could be wrapped up by a judge/jury verdict ?

Jeremy Hogan

I think only the case against Brad and Chris can make it to trial. I think the Ripple case is decided at summary judgment by the Judge in early 2022. December is not a possibility now since the discovery deadlines got pushed back.

 

Somebody get Bitboys inside sources on the phone, Hogan, say's 2022,

He answering as if there were no settlement, correct?

[HAL1000]

 

6 minutes ago, CryptoPitbull said:

He answering as if there were no settlement, correct?

Settlement can happen at any time or so I believe, but JH is implying (I think), that it is unlikely. The SEC seem determined to delay Ripple as long as possible, but we're all just guessing at this point, as to what's really going on behind the scenes. I would love to know what Goldman Gensler has been promised, as he is definitely involved in this, up to his scrawny little neck, after all, he ain't stupid and knows what's going on.

[CryptoPitbull]

Well.....  Let's hope 4 months will go quickly! We are probably 2/3 of the way through this whole ordeal hopefully

[solid102]

In his latest video JH brought up a great point about how the ruling on the fair notice defense has not been decided yet and could come at any time even tomorrow. If the judge rules that the fair notice defense is applicable I believe we will see a settlement very very soon especially with the mountain of evidence against the SEC in how it created market confusion.

Edited August 30, 2021 by solid102

[Julian_Williams]

I find it hard to believe the SEC will go on and on with this case.  JH is looking at this like a lawyer, but this case is so much more than Court proceedings.  It is morphing into a public spectacle that gathers more and more media attention in high profile media publications like Forbes.

The attention is not any more about how to regulate crytpo.  The media are siding with Ripple (against China and against corruption and BTC maxis) It is about corruption in high office and the distaste once reserved for Hinman and Clayton is now spreading to include distaste for Gary Gensler himself.  If Gensler continues this case, without the support of 2 of the 5 commissioners, and it ends with him losing on Fair Notice, Gensler will carry the can.  He will be labelled as the guy who tried to cover up crimes against the public.

You can see SEC trying to handle the media and failing badly.  Nobody is interested in  salutary noises on twitter feeds about Gensler being a family man, or noises from SEC about how they love to serve the public, if all they can see is money grubbing Hinman and Clayton being protected by arguments about privilege.  This case is a public relations disaster for SEC and they need to bring it under control.

Edited August 30, 2021 by Julian_Williams

[panmores]

2 hours ago, Julian_Williams said:

I find it hard to believe the SEC will go on and on with this case.  JH is looking at this like a lawyer, but this case is so much more than Court proceedings.  It is morphing into a public spectacle that gathers more and more media attention in high profile media publications like Forbes.

The attention is not any more about how to regulate crytpo.  The media are siding with Ripple (against China and against corruption and BTC maxis) It is about corruption in high office and the distaste once reserved for Hinman and Clayton is now spreading to include distaste for Gary Gensler himself.  If Gensler continues this case, without the support of 2 of the 5 commissioners, and it ends with him losing on Fair Notice, Gensler will carry the can.  He will be labelled as the guy who tried to cover up crimes against the public.

You can see SEC trying to handle the media and failing badly.  Nobody is interested in  salutary noises on twitter feeds about Gensler being a family man, or noises from SEC about how they love to serve the public, if all they can see is money grubbing Hinman and Clayton being protected by arguments about privilege.  This case is a public relations disaster for SEC and they need to bring it under control.

While I wholeheartedly agree, mainstream media still ignore the case. SEC doesn't seem to care a bit about facts, which is why logic does not help trying to understand the whole case. To us here it seems like a slam dunk matter - at least Pierce and Boisman have our back. Hope there is a way to countersue the SEC for damages induced once this ordeal is over. Oh and after DeFi please DeGov...

[thinlyspread]

But random youtuber Bitboy told me September!