Commission Securities and Exchange U.S. (SEC) seems to be preparing for the next phase of the lawsuit against Ripple. The effect regulator has submitted a letter stating that it does not try to take additional discoveries at this time.
According to the letter distributed by prosecutor James K. Filan, a regular community commentator followed this case, both parties still entitled to call additional discoveries if they loaded later.
Although there is no time line when the case will end or knowledge if the completion is being worked on, community members consider submissions to be a good turnover. With archiving, this case has the potential to continue to court immediately.
Meanwhile, SEC letter will come shortly after the court denied his movement to reconsider the privilege process of deliberative processes (DPP). The judge enforced the previous decision, confirmed that the SEC Movement was an attempt to have a favorable decision whether the document contested was deliberative.
Ripple is more confident of victory than before
With several other decisions that have won big for Ripple, Fintech’s company is increasingly confident in the possibility of his victory. In a recent interview with CNBC, Ripple CEO, Brad Garlinghouse said that this case was better than expected.
Meanwhile, the ripple sympathizers also did not give rest in their support for ripple. Added to lawyer John Deaton led the XRP army and empowered US cases against the SEC on ripple, now there is a third power that struggles for a while.
Lawyer Fred Rispoli has filed a class of actions against former Sec Jay Clayton and William Hinman officials on behalf of XRPL. The lawyer claimed two former SEC members had a conflict of interest in handling ripples when in commissions.
More Stories
First UK deportation flight to Rwanda could take off in June, court papers suggest
UK Health Security Agency’s financial controls remain unacceptably weak
A lesson from Germany on how Britain should treat asylum seekers