Cryptocurrencies: Ripple vs SEC, the legal calendar finally revealed#MarketPullback
The Ripple case, which is at the heart of a crucial legal battle, is attracting all eyes in the crypto world. This dispute pits Ripple against its critics and highlights the growing regulatory challenges in an ever-changing sector. The US justice system has set a key timeline that could be a decisive step in this symbolic case. However, political tensions in the US, including the threat of a federal government shutdown, threaten to disrupt the proceedings.
December 23, 2024 marks an important milestone in the case between Ripple and its plaintiff Bradley Szostak. The latter will have to file a mediation form, which will mark the beginning of a series of proceedings strictly regulated by the judicial calendar. The transcripts of the call are due on December 31, and must be delivered in full by January 30, 2025. These tight deadlines underscore the importance of a rigorous process, as any failure could result in the call being abandoned.
March 2025 will be crucial. The plaintiff will present his detailed arguments against Ripple and its CEO, Brad Garlinghouse, a major figure in the crypto world. For their part, Ripple Labs and Garlinghouse will have to respond by April 7. $XRP