U.S. District Court Judge Grants SEC Request for Extension in Ripple Labs Case

Analisa Torres, a United States District Court Judge, has granted a request from the U.S. Securities and Exchange Commission (SEC) for an extension of the deadline to submit materials that could impact its case against #Ripple Labs.

According to court documents filed on March 1, the #SEC has been given additional time to submit its remedies-related discovery materials concerning Ripple. This extension permits the SEC to file its opening brief by March 22. Furthermore, the deadline for Ripple to submit its opposition brief has been pushed to April 22. The SEC will then have until May 6, 2024, to file a reply.

Remedies-related briefing encompasses a document outlining potential legal remedies and actions relevant to the ongoing litigation.
#RippleVsSEC #XRP $XRP