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)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin dips below $100,000, memecoins plummet as market responds to US tariffs
The crypto market has dipped in response to President Trump’s plan to enact steep tariffs on imported goods from Canada, Mexico, and China beginning on Tuesday.Canada and Mexico have ordered retaliatory tariffs in response, while China promised “corresponding countermeasures” and said it would file a lawsuit with the WTO.Memecoins were particularly hard-hit by the downturn, with many top coins seeing double-digit percentage drops. Trump’s memecoin has fallen nearly 30% over the past week.
Ethereum Price Dips, Yet Increased Buying Activity Indicates Promising Future
Despite Bearish Trends, Increased Buying Activity Hints at Potential Breakout for Leading Altcoin, Ethereum
Overview: SOL vs ETH – Deciphering Key Aspects of the Solana-Ethereum Ratio
Untangling the SOL/ETH Dynamics: An In-Depth Look at Solana's Potential for Recovery Following Its Recent 25% Decline
Two Whales Messed Up on Two Different Altcoins – Forced to Sell at a Huge Loss on the Last Drop
According to Onchain data, two different crypto whales sold their positions after losing on two altcoins. Here are the details.