SEC files new motion in support of its appeal request
Deaton goes on to say that the argument was laughable because a stay, by definition and operation, automatically prolongs the entire litigation, laying out the implication of the SEC's request for a stay of every proceeding, including the trial of Ripple executives Chris Larsen and Brad
Garlinghouse.Because a trial has yet to be held, an interlocutory appeal may not resolve the case, according to Deaton, and may even add to the total process, requiring more judicial resources. Deaton stated that if an early appeal is granted, it might take 1.5–2 years for the 2nd Circuit to decide.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ripple Lawsuit Affected XRP Adoption, Crypto Lawyer Explains HowCryptoLaw founder hints at what could have been for XRP adoption if not for SEC lawsuit
Read more »
SEC Counters Ripple in Effort to Appeal Groundbreaking XRP RulingThe Securities and Exchange Commission has further argued the need for a mid-case appeal over the finer points of law.
Read more »
Pro-XRP Attorney Reacts to New Game-Changing CFTC Crypto InitiativeCFTC chief Caroline Pham presents crypto sandbox, pro-XRP expert Jeremy Hogan shares thoughts
Read more »
XRP Community Intrigued as Ripple CTO Reveals His Best XRPL FeatureRipple CTO Makes Big Reveal About His Favorite XRPL Feature
Read more »
Ripple Announces New Billionaire Partner in an Interesting ProjectThe company behind XRP has just revealed a new exciting partnership in an important project.
Read more »