Lawsuit regarding $XRP :$XRP
Lawsuit regarding $XRP :
US Court of Appeals Announces Timeline for Ripple XRP Lawsuit: US Court of Appeals Announces Dates for Opening Brief and Reply Brief Filed by Ripple and Brad Garlinghouse in Long-Running $The US Court of Appeals has announced additional dates for the XRP lawsuit, according to a notice of appeal filed in the district court. Notably, the opening brief will be filed on March 6 of next year, while Ripple Labs, XRP II, and CEO Brad Garlinghouse will file their response to the appellant’s main brief by April 7, 2025. Meanwhile, the SEC is preparing to file its main brief before its Chairman Gary Gensler steps down as chair. US Court of Appeals Sets Dates for Ripple XRP Lawsuit The US Court of Appeals for the Ninth Circuit has confirmed receipt of the notice of appeal and assigned a docket number to Ripple’s lawsuit. The appeals court has asked the parties to file any requests for relief with this court separately. District Court Rules in Favor of Ripple As previously noted, lead plaintiff Bradley Szostak appealed the recent rulings in favor of Ripple Labs, XRP II, and CEO Brad Garlinghouse. Judge Phyllis Hamilton granted a motion to modify the order of judgment and stay the XRP lawsuit.The parties have filed a proposed order with the court, agreeing that there is no reason to delay the ruling. Meanwhile, the focus is on Ripple’s lawsuit against the Securities and Exchange Commission (SEC) in the Second Circuit Court of Appeals. Ripple executives and the crypto community are confident that the lawsuit will be dismissed or withdrawn. However, some have raised concerns that Gary Gensler is creating problems by stepping down on January 20, five days after the main shortened deadline.