Ripple CEO Believes SEC Lawsuit Could Be Resolved This Year - BitcoinEthereumNews.com
Ripple CEO Brad Garlinghouse recently revealed that the almost two-year lawsuit with the United States Securities and Exchange Commission (SEC) is drawing to its climax and could be resolved before the end of the year. The Long-Awaited Climax Is Near Sa isang pakikipanayam with Fox Business correspondent Charlie Gasparino, the Ripple boss acknowledged that the company‘s ongoing legal battle with the SEC has gone “quite well.” He further noted that his company’s case will set a major precedent within the crypto space. “The case has gone quite well, a lot of it has been skirmishes around discovery. But it‘s clear that the judge understands that this is an important case and it is going to be a precedent. Now we’re getting close to summary judgment filings. Everything will be before the judge now by the end of November,” he said. When asked if he believes the case will be concluded this year, Garlinghouse said, “That‘s an optimistic view, but it’s not impossible.” Earlier in April, Judge Analise Torres had binago the summary judgment briefing schedule. Based on the new one, the motions for summary judgment presented by both parties must be fully briefed before November 15. Subsequently, the judge would review the case and anounce a