(“SEC”) requests an extension + JH way's in

[HAL1000]

(“SEC”) respectfully requests that the Court extend the expert rebuttal report deadline to November 12, 2021, and the expert discovery deadline from November 12, 2021 to January 14,

https://www.crypto-law.us/wp-content/uploads/2021/10/SEC-Letter-Request-to-Extend-Discovery-and-Exhibits-10152021.pdf

Also

 

[Panopticon]

Since Ripple agrees to extend until 10 December I hope Judge will only give that as Jeremy says.

[XRPNewb]

This is incredibly frustrating for a number of reasons!  1st whether on purpose or not every extension the SEC gets put's Ripple further and further behind in adoption from a truly global stand point, not only are companies in the US waiting on clarification on the status on XRP but even companies outside the us are forced to take a second look before getting on board. 2nd The more time that passes without clarity around XRP the more time other projects have to  target potential ripple clients or even try and disrupt previous ripple partnerships similar to Swift with MoneyGram. The more time Ripple is inhibited from being able to sell it's product which is meant to be global with out restriction the more time competitors have to copy ripples business plan and sales strategies, develop truly competitive alternatives, or otherwise just build a better mousetrap, sometimes you can have a better product but still lose out to someone first and bigger to market. This needs to end ASAP so Ripple can get back to building a company without having to try and do it with one hand tied behind their back and a huge question mark hanging over the status of XRP  

[Guest]

No way, this has got to be a joke. The SEC ruined Christmas with what they did on December 22nd, and now they are asking for an extension? 

How long can this charade continue? This is a joke of a regulator. 

[mrhat75]

The only extensions that should be requested are extensions to Clayton, Hinman, and Gensler's prison sentences

Edited October 16, 2021 by mrhat75

[RikkiTikki_is_Back]

The SEC had 8 years to build their case and now that they have officially launched this debacle they want more time.  The judge has to see that the SEC is using time as a weapon, the longer they stall Ripple out the sooner ETH 2.0 can get a foothold these Jerks know that if Ripple gets the win before ETH 2.0 hits the ground it will be a footnote in history compared to the bloom that will come from the XRP Ledger. The SEC will continue to ask for extension after extension because right now until the court decides the winner we have a tie game, even though Ripple appears to have the ball the score is 0, 0. The Gensler knows time is working against his agenda so how do you buy more time??? You can't but you can manipulate the things around it and leverage it to drive your own narrative if you have the resources.  The SEC isn't stalling for justice there stalling for a go live!! Literally!!

[4Fingers]

I am more and more concerned that the SEC even would go to trial when the summary judgment will result in a negative outcome for the SEC. Any thoughts?

[Julian_Williams]

9 minutes ago, 4Fingers said:

I am more and more concerned that the SEC even would go to trial when the summary judgment will result in a negative outcome for the SEC. Any thoughts?

The extension they are asking for stalls Summary Judgement on the Fair Notice defence by another two months, and then it gets caught in the Christmas break which means probably until end of Jan at the very earliest.  More time for SEC to try and work a way out.

As Hogan says the Judge will not want SEC to have any reason to proclaim her trial unfair, which pushes her into a corner.  My guess she will grant a partial extension

Edited October 17, 2021 by Julian_Williams

[captainjack]

What a joke, wtf