Ripple
The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) is approaching a critical stage. As of early May 2024, the SEC has submitted its final reply in the remedies phase of the lawsuit. This reply challenges Ripple's claims and insists on the need for injunctions to prevent future violations. Ripple's legal team has argued that some of the SEC's evidence constitutes expert testimony, which was not timely disclosed according to the court's scheduleâ (Finbold)ââ (Cointelegraph)â.
The case is nearing its conclusion, with legal experts predicting that a final judgment may be delivered around September 2024. Both parties are currently working on redacting sensitive information from the SECâs final brief before its public releaseâ (The Coin Republic)ââ (FX Leaders)â.
