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XRP Lawsuit: Judge Approves Ripple and Brad Garlinghouse’s Request
XRP Lawsuit: Judge grants defendants Ripple and Brad Garlinghouse and plaintiff's motion to seal documents amid appeal in the court.
Home/News/XRP Lawsuit: Judge Approves Ripple and Brad Garlinghouse’s Request
XRP Lawsuit: Judge Approves Ripple and Brad Garlinghouse’s Request
XRP Lawsuit: Judge grants defendants Ripple and Brad Garlinghouse and plaintiff's motion to seal documents amid appeal in the court.
By Varinder Singh
5 hours agoUpdated 4 minutes ago
US federal judge granted order to plaintiff and defendants Ripple and Brad Garlinghouse's motions to seal.
The court agrees the requests meet the Ninth Circuit’s “compelling reasons” standard.
Meanwhile, XRP community awaits principal brief from the US SEC.
XRP Lawsuit: In the latest development in the In re Ripple Labs Inc Litigation, a federal judge has granted an order related to an administrative motion to file documents under seal. Moreover, in relation to defendant Ripple’s summary judgment motion, the judge agrees to seal records of confidential, sensitive, and personally identifiable information as the case now proceeds in a US appeals court.
Judge Issues Order in Line With Ripple in XRP Lawsuit
In the latest court filing in the XRP lawsuit, Senior District Judge Phyllis J. Hamilton granted the parties’ motion to prevent public access to some confidential documents in the Ripple case.
The court agreed with Ripple and CEO Brad Garlinghouse’s requests, which meets the Ninth Circuit’s “compelling reasons” standard. The “compelling reasons” is a legal standard applied to decide whether the reasons for sealing documents outweigh the public’s interest in disclosure.
Ripple and CEO Brad Garlinghose requested sealing eight exhibits submitted in support of motion for summary judgment in the XRP lawsuit. The defendants also sought fifty-six exhibits in support of plaintiff’s opposition to defendants’ motion for summary judgment. As CoinGape reported earlier, the court ruled in favor of Ripple in the summary judgment.
The previous motions to seal filed by the parties (Dkt. 338, 340, 342, 343, 347, 349, 356, 365, 366, 367, 368, 369, 370, 371, 373, 379, 380, 381, 382, 387, and 389) are terminated as moot,” as per the court filing.
Similarly, plaintiff’s requested the district court to seal portions of exhibits 29, 30, and 33 submitted in support of defendants Ripple and Brad Garlinghouse’s motion for summary judgment. As well as, exhibit 6 in support of the defendants’ motion to exclude the testimony of Steven P. Feinstein, based on the presence of confidential, sensitive, and personally identifiable information in the XRP lawsuit.
The court grants the plaintiff’s motion to seal, concluding that the narrowed redactions sought by plaintiff do meet the Ninth Circuit Court of Appeal’s “compelling reasons” standard.
US SEC Prepares to File Principal Brief in Ripple Case
Meanwhile, the XRP community awaits key U.S. SEC’s principal brief related to its appeals in SEC v. Ripple. However, lawyers such as Jeremy Hogan and ex-SEC Marc Fagel believe pro-crypto Paul Atkins under the Trump administration may decide not to pursue the appeal further.
CoinGape has glanced at what could be expected from the opening brief by the U.S. SEC, as per Form C and outgoing SEC Chair Gary Gensler’s stance on crypto.
I'm not a financial advisor, but I do get a kickback if you use my Binance referral
https://www.binance.info/activity/referral-entry/CPA?ref=CPA_00LG0OD7ML
#xrpcase #RippleUpdate #Xrp🔥🔥
Home/News/XRP Lawsuit: Judge Approves Ripple and Brad Garlinghouse’s Request
XRP Lawsuit: Judge Approves Ripple and Brad Garlinghouse’s Request
XRP Lawsuit: Judge grants defendants Ripple and Brad Garlinghouse and plaintiff's motion to seal documents amid appeal in the court.
By Varinder Singh
5 hours agoUpdated 4 minutes ago
US federal judge granted order to plaintiff and defendants Ripple and Brad Garlinghouse's motions to seal.
The court agrees the requests meet the Ninth Circuit’s “compelling reasons” standard.
Meanwhile, XRP community awaits principal brief from the US SEC.
XRP Lawsuit: In the latest development in the In re Ripple Labs Inc Litigation, a federal judge has granted an order related to an administrative motion to file documents under seal. Moreover, in relation to defendant Ripple’s summary judgment motion, the judge agrees to seal records of confidential, sensitive, and personally identifiable information as the case now proceeds in a US appeals court.
Judge Issues Order in Line With Ripple in XRP Lawsuit
In the latest court filing in the XRP lawsuit, Senior District Judge Phyllis J. Hamilton granted the parties’ motion to prevent public access to some confidential documents in the Ripple case.
The court agreed with Ripple and CEO Brad Garlinghouse’s requests, which meets the Ninth Circuit’s “compelling reasons” standard. The “compelling reasons” is a legal standard applied to decide whether the reasons for sealing documents outweigh the public’s interest in disclosure.
Ripple and CEO Brad Garlinghose requested sealing eight exhibits submitted in support of motion for summary judgment in the XRP lawsuit. The defendants also sought fifty-six exhibits in support of plaintiff’s opposition to defendants’ motion for summary judgment. As CoinGape reported earlier, the court ruled in favor of Ripple in the summary judgment.
The previous motions to seal filed by the parties (Dkt. 338, 340, 342, 343, 347, 349, 356, 365, 366, 367, 368, 369, 370, 371, 373, 379, 380, 381, 382, 387, and 389) are terminated as moot,” as per the court filing.
Similarly, plaintiff’s requested the district court to seal portions of exhibits 29, 30, and 33 submitted in support of defendants Ripple and Brad Garlinghouse’s motion for summary judgment. As well as, exhibit 6 in support of the defendants’ motion to exclude the testimony of Steven P. Feinstein, based on the presence of confidential, sensitive, and personally identifiable information in the XRP lawsuit.
The court grants the plaintiff’s motion to seal, concluding that the narrowed redactions sought by plaintiff do meet the Ninth Circuit Court of Appeal’s “compelling reasons” standard.
US SEC Prepares to File Principal Brief in Ripple Case
Meanwhile, the XRP community awaits key U.S. SEC’s principal brief related to its appeals in SEC v. Ripple. However, lawyers such as Jeremy Hogan and ex-SEC Marc Fagel believe pro-crypto Paul Atkins under the Trump administration may decide not to pursue the appeal further.
CoinGape has glanced at what could be expected from the opening brief by the U.S. SEC, as per Form C and outgoing SEC Chair Gary Gensler’s stance on crypto.
I'm not a financial advisor, but I do get a kickback if you use my Binance referral
https://www.binance.info/activity/referral-entry/CPA?ref=CPA_00LG0OD7ML
#xrpcase #RippleUpdate #Xrp🔥🔥
𝐑𝐢𝐩𝐩𝐥𝐞 𝐗𝐑𝐏 𝐋𝐚𝐰𝐬𝐮𝐢𝐭: 𝐔.𝐒. 𝐀𝐩𝐩𝐞𝐚𝐥𝐬 𝐂𝐨𝐮𝐫𝐭 𝐒𝐞𝐭𝐬 𝐊𝐞𝐲 𝐃𝐚𝐭𝐞𝐬 𝐟𝐨𝐫 𝐋𝐞𝐠𝐚𝐥 𝐏𝐫𝐨𝐜𝐞𝐞𝐝𝐢𝐧𝐠𝐬🔥👇💥💸
The U.S. Court of Appeals has outlined the next steps in the long-running Ripple case, providing a timeline for crucial filings. According to recent updates, Ripple Labs, XRP II, and CEO Brad Garlinghouse are set to file their opening brief on March 6, 2025. Their reply to the appellant’s principal brief will follow on April 7, 2025. This development marks another significant phase in the legal battle that has captured the crypto community's attention. Meanwhile, the U.S. Securities and Exchange Commission (SEC) is expected to submit its principal brief before Chair Gary Gensler steps down on January 20, 2025.
U.S. Appeals Court Actions
The Ninth Circuit Court of Appeals has officially acknowledged the appeal and assigned a docket number for the Ripple lawsuit. It also instructed that any motions for relief must be filed separately. This comes after the district court's recent decision in favor of Ripple Labs and its executives, a ruling that lead plaintiff Bradley Sostack has now appealed. Judge Phyllis Hamilton previously approved an amendment to the judgment, with both parties agreeing there was no reason for further delays.
Ripple vs. SEC Lawsuit in Focus
As the Ripple vs. SEC case progresses in the Second Circuit Court of Appeals, optimism among Ripple executives and the broader crypto community remains high. Many anticipate a dismissal or withdrawal of the lawsuit, although some speculate that Gensler’s final actions as SEC Chair could introduce additional complexities. With XRP currently trading at $2.2824 and gaining over 9% recently, market participants are closely watching the case for its potential impact on the crypto landscape.
#RippleUpdates #XRPCase #CryptoRegulations #BlockchainNews #BTCNextMove
The U.S. Court of Appeals has outlined the next steps in the long-running Ripple case, providing a timeline for crucial filings. According to recent updates, Ripple Labs, XRP II, and CEO Brad Garlinghouse are set to file their opening brief on March 6, 2025. Their reply to the appellant’s principal brief will follow on April 7, 2025. This development marks another significant phase in the legal battle that has captured the crypto community's attention. Meanwhile, the U.S. Securities and Exchange Commission (SEC) is expected to submit its principal brief before Chair Gary Gensler steps down on January 20, 2025.
U.S. Appeals Court Actions
The Ninth Circuit Court of Appeals has officially acknowledged the appeal and assigned a docket number for the Ripple lawsuit. It also instructed that any motions for relief must be filed separately. This comes after the district court's recent decision in favor of Ripple Labs and its executives, a ruling that lead plaintiff Bradley Sostack has now appealed. Judge Phyllis Hamilton previously approved an amendment to the judgment, with both parties agreeing there was no reason for further delays.
Ripple vs. SEC Lawsuit in Focus
As the Ripple vs. SEC case progresses in the Second Circuit Court of Appeals, optimism among Ripple executives and the broader crypto community remains high. Many anticipate a dismissal or withdrawal of the lawsuit, although some speculate that Gensler’s final actions as SEC Chair could introduce additional complexities. With XRP currently trading at $2.2824 and gaining over 9% recently, market participants are closely watching the case for its potential impact on the crypto landscape.
#RippleUpdates #XRPCase #CryptoRegulations #BlockchainNews #BTCNextMove