The federal judge in the ongoing lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs Inc. has granted a joint motion from all parties to extend the deadline for the Daubert Motions that would exclude certain expert testimonies.
See related article: Ripple CEO’s attorney to resign as counsel on XRP lawsuit against SEC
Fast facts
- A Daubert motion is a type of motion that seeks to exclude the testimony of an expert witness. Both the SEC and Ripple have sought to seal the identities of certain non-parties.
- With the extension, all parties will have to submit their Daubert Motions and related documentation by Jan. 13, 2023, according to screenshots of court filings shared on social media.
- In December 2020, the SEC filed a lawsuit against Ripple and its executives, alleging the sale of XRP constituted an offering of unregistered securities worth over US$1.38 billion.
- Last week, Nicole Tatz, an attorney for Ripple Chief Executive Officer Bradley Garlinghouse, withdrew her role as the co-defendant’s counsel as she will no longer be associated with the law firm representing him starting from Dec. 31.
See related article: What is XRP and what is Ripple?
- SEO Powered Content & PR Distribution. Get Amplified Today.
- Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
- Source: https://forkast.news/headlines/sec-ripple-extensions-expert-testimony-xrp-lawsuit/
- 2020
- a
- According
- against
- All
- and
- article
- associated
- attorney
- between
- Billion
- certain
- chief
- chief executive officer
- commission
- counsel
- Court
- December
- documentation
- exchange
- executive
- Executive Officer
- executives
- expert
- extend
- extension
- extensions
- Federal
- Firm
- from
- Garlinghouse
- get
- granted
- HTTPS
- identities
- in
- Inc.
- Jan
- judge
- Labs
- Law
- law firm
- lawsuit
- longer
- Media
- motion
- offering
- Officer
- ongoing
- parties
- plato
- Plato Data Intelligence
- PlatoData
- related
- representing
- Ripple
- ripple labs
- sale
- screenshots
- SEC
- Securities
- Securities and Exchange Commission
- Seeks
- shared
- Social
- social media
- Starting
- submit
- testimony
- The
- the Law
- their
- to
- u.s.
- U.S. Securities
- U.S. Securities and Exchange Commission
- unregistered
- unregistered securities
- week
- What
- What is
- will
- witness
- worth
- would
- xrp
- xrp lawsuit
- zephyrnet
More from Forkast
Sony Network Communications to invest in Japanese Web3 developer Startale Labs
Source Node: 2150071
Time Stamp: Jun 28, 2023
Asia lays out welcome mat for crypto while US bars its door
Source Node: 2135032
Time Stamp: Jun 15, 2023
Binance to support Ethereum’s PoS Merge, evaluate new forked tokens
Source Node: 1616591
Time Stamp: Aug 10, 2022
Markets: Bitcoin, Ether prices rise as gains in U.S. equities help cryptocurrencies bounce back
Source Node: 1770733
Time Stamp: Dec 8, 2022
Creditors object to bankrupt crypto lender Voyager paying out bonuses
Source Node: 1633368
Time Stamp: Aug 21, 2022
Markets: Bitcoin, Ether prices pull back after weekend gain on sign U.S. inflation may be easing
Source Node: 1741484
Time Stamp: Nov 6, 2022
Investors yank out US$29 mln this month from Bitcoin: CoinShares
Source Node: 1625015
Time Stamp: Aug 15, 2022