Ripple vs. SEC: Key dates for damages talks proposed
Following the court case victory by Ripple against the United States Securities and Exchange Commission (SEC), in which Judge Analisa Torres declared that retail sales of XRP did not constitute securities sales, the parties have submitted to her an agreed-upon schedule for settlement discussions. Indeed, the blockchain company has agreed to the securities regulator’s proposed schedule of 90 days to conduct remedies-related discovery, as long as it limits this discovery to the period before the lawsuit, according to the court documents shared by defense attorney James K. Filan in an X post on November 9. #XRPCommunity #SECGov v. #Ripple #XRP The parties have submitted to Judge Torres a proposed schedule regarding remedies discovery and briefing. pic.twitter.com/7OyVTnTeyc — James K. Filan (@FilanLaw) November 9, 2023 Specifically, the settlements phase, which aims to put an end to the years-long legal standoff that, according to Ripple’s CEO, has cost his company over $100...