SEC will submit public version of opening brief on relief measures in Ripple lawsuit next week
According to a tweet from former US federal prosecutor and lawyer James K. Filan, the US SEC submitted its opening defense brief on remedies in the lawsuit against Ripple. The above-mentioned brief and supporting documents from the SEC were submitted in sealed form. Once the necessary revisions are completed, they will be made public. Specifically, the SEC and Ripple Labs will hold a meeting on March 25 to discuss necessary revisions. After the relevant revisions are made, the SEC will submit a revised public version of the remedial measures brief by March 26 or earlier. It is worth mentioning that this move is in line with the sealed requests made by both parties this week. When Ripple submits its opposition next month, the two sides will undergo a similar process. On April 22, Ripple will submit its opposition to the SEC's remedial measures brief in sealed form. The two sides will meet on April 23 to discuss necessary revisions and will submit a revised version of the opposition on April 24. In addition, the SEC will also submit a response to Ripple's opposition in the same manner. According to the joint sealing proposal, their response will be submitted in sealed form on May 6, and the two sides will meet on May 7 to discuss revisions and submit an edited version on May 8. (The Crypto Basic)
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