The legal battle between Ripple Labs and the Securities and Exchange Commission (SEC) has been heating up recently as both sides await a critical court ruling. Ripple CEO Brad Garlinghouse recently made a bold statement, stating that he expects a decision from the court “in weeks, not months.”
However, another prominent figure, pro-XRP lawyer Jeremy Hogan, has predicted the case’s outcome. Hogan claims that the judge in the Ripple case has been making major rulings about every 9 weeks, with the final major ruling on summary judgment expected in mid-July.
Hogan clarified that this is not a prediction but rather a pattern that has emerged in the case, , it does suggest that the case’s outcome may be decided in the coming weeks.
Ripple Case Nears Climax
If Hogan’s analysis is correct, it could provide some insight into the timeline for the final judgment in the case. However, it is important to note that the judge’s decisions will ultimately be based on the case’s merits and not on any predetermined timeline or pattern.
Regardless of the timing of the final ruling, the outcome of the Ripple case against the SEC will be closely watched by the cryptocurrency industry and could have significant implications for the regulatory landscape.
Hinman Speech Documents Could Provide Evidence Against SEC’s Allegations
In the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC), a recent ruling by Judge Sarah Netburn has granted Ripple access to documents related to a speech given by former SEC official William Hinman.
According to John Deaton, founder of Crypto Law, the SEC had initially argued that the speech was not guidance to the market, despite statements from senior SEC officials at the time suggesting otherwise. The S
Go to Source to See Full Article
Author: Ronaldo Marquez