Ripple ak Pwosè XRP fè fas a 'Senaryo ki pi mal la' kòm SEC ap deplase pou retade ka a: Ekspè Legal Crypto

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Ripple ak Pwosè XRP fè fas a 'Senaryo ki pi mal la' kòm SEC ap deplase pou retade ka a: Ekspè Legal Crypto

Attorney and crypto legal expert Jeremy Hogan says that the lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) may have entered into its worst-case scenario.

Avoka a di 205,000 Twitter disip li yo ke yon nouvo reta nan orè tribinal la mande pa SEC a gen anpil chans pouse ka a byen nan ane pwochèn.

“Orè sa a se egzak pi move ka ke avoka Filan te poste lòt jou a.

Jounal Ripple case is going into 2023.

Mwen pa JANM wè yon pleyan vle retade yon ka konsa. Sèlman akize yo (nòmalman) reta. Poukisa pote yon ka epi answit ranvwaye jistis w ap chèche a?”

Hogan diferansye the SEC’s lawsuit against Ripple to its suit against decentralized video-hosting platform LBRY, noting the discrepancy between when they were filed and when they are slated to finish.

“In contrast, look at the SEC v. LBRY case schedule. The lawsuit was filed three months after the Ripple lawsuit and will finish six months sooner.

Everything about the Ripple case is strangely backwards.”

James K. Filan, yon avoka ki byen swiv pwosè XRP la, divilge ke tou de Ripple and the SEC filed jointly to push back opening briefs for summary judgment and expert challenges to August and closing briefs to a few days before Christmas.

ak sou sa di that agreeing to the delay may have been a smart move by Ripple Labs to finally lock in a deadline.

“Many people are questioning why Ripple agreed to this schedule. My gut feeling is that there was a trade-off. A longer briefing schedule but the elimination of the pre-motion Rule 56 practice. If Ripple didn’t agree, there would be more scheduling disputes that in my estimation would have taken up even more time and Ripple would have lost that battle if the past is any guide. Then the motion schedule would have gone well into 2023. In my opinion, this was a very smart move by Ripple in locking in this schedule.”

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