May 13 Deadline: A Turning Point in the SEC vs Ripple Lawsuit

The post May 13 Deadline: A Turning Point in the SEC vs Ripple Lawsuit appeared first on Coinpedia Fintech News

JackTheRippler, a prominent crypto analyst has tweeted highlighting May 13, 2024 as crucial in the SEC vs Ripple’s case. He shared a legal document that details proposed schedule for filing legal briefs and motions related to the remedies of the case. May 13 is the deadline for parties and third parties in the lawsuit to submit requests to designate specific sections of the document as confidential, following which there will be a period for which the parties may object to the request. The significance of May 13 is the level of transparency in the remedies phase. The extent to which the filings will be redacted to the public will determine the public’s understanding of the effects on Ripple and the reasoning behind the remedies.