US Attorney Discloses When Ripple and SEC Will Publicly File Motion for Summary Judgment. Here’s Why the Date Is Significant

[solodeji]

The XRP lawsuit between Ripple, San Francisco-based cross-border payment firm, and the United States Securities and Exchange Commission (SEC) is heading to a significant point.

Ripple Defendants, which include the blockchain payment firm and two of its top executives, Chris Larsen and Brad Garlinghouse, have filed their motion for summary judgment under seal, according to the update shared on Twitter by James K. Filan a few hours ago.

In the same thread of tweets, the defense lawyer and former federal prosecutor also revealed the date parties will publicly file a motion for summary judgment.

Aside from the motion for summary judgment, Filan also disclosed that Ripple Defendants filed the Rule 56.1 Statement, a Declaration of Michael K. Kellogg, and 106 Exhibits.

In conclusion, the defense lawyer said on Sept 19th, parties will file public and redacted versions of the briefs in support of the summary judgment motions.

James K. Filan tweeted, “The Ripple Defendants have filed, UNDER SEAL, their Motion for Summary Judgment, the Memorandum of Law in Support of the Motion for Summary Judgment, the Rule 56.1 Statement, a Declaration of Michael K. Kellogg, and 106 Exhibits.

“On Monday, September 19, 2022, the parties will file public, redacted versions of the briefs in support of the summary judgment motions, making only those provisional redactions requested by the parties.”

https://timestabloid.com/us-attorney-discloses-when-ripple-and-sec-will-publicly-file-motion-for-summary-judgment-heres-why-the-date-is-significant/

[Julian_Williams]

This is progress - we enter the endgame and the options for more delays by SEC diminished.  SEC filed 1 hour before the time expired, but they are above the law so no stress there then.

[Zerosh]

5 hours ago, Julian_Williams said:

This is progress - we enter the endgame and the options for more delays by SEC diminished.  SEC filed 1 hour before the time expired, but they are above the law so no stress there then.

You sure SEC's delay power is diminished? What made you say that?
From Filan's tweets his tone indicates we still got ways to go, there are still cards left in SEC to play delay.