HomeRipple Lawsuit: US Lawyer Makes Striking Prediction on Case Resolution

Ripple Lawsuit: US Lawyer Makes Striking Prediction on Case Resolution

-

Jeremy Hogan, a U.S. lawyer and partner at Hogan & Hogan, is siding with James K. Filan’s prediction of when Judge Torres might decide on the expert motions and likewise summary judgment, as he tweeted, “And there you have it. March 31, 2023.”

And there you have it. March 31, 2023. https://t.co/R28WJCKooN — Jeremy Hogan (@attorneyjeremy1) November 4, 2022

James K. Filan, while sharing updated scheduling of events in the Ripple lawsuit, stated that despite the slight shift in events, he continues to stick to his prediction that District Judge Torres would decide both the expert motions and the summary judgment motions simultaneously, on or before March 31, 2023.

#XRPCommunity #SECGov v. #Ripple #XRP Scheduling Update as of November 4, 2022, with dates specific to the Motions for Summary Judgment (corrected). pic.twitter.com/nU18KgrMNr

— James K. Filan ???? 125k (beware of imposters) (@FilanLaw) November 4, 2022

Taken from now, this means a likely resolution of the case within the next four months, which is a highly optimistic prediction.

As reported by U.Today, Ripple CEO Brad Garlinghouse informed attendees at the DC Fintech Week conference that the SEC lawsuit against Ripple would be resolved in the first half of 2023. According to Garlinghouse, there is a chance that the lawsuit may be settled in the next three to four months. He does not, however, rule out the possibility that it could take longer.

Garlinghouse added that Ripple could consider settling with the SEC, but he emphasized that XRP must first be recognized as a non-security.

Summary judgment to be fully briefed by end of November

In September, the SEC and Ripple both filed motions for summary judgment, asking District Judge Analisa Torres to make a ruling based on the arguments filed in accompanying documents. Moving forward, both Ripple and the SEC have filed their opposition briefs to each other’s motion for summary judgment.

The replies to the summary judgment motions were expected to come in by Nov. 15, according to an earlier timeline of events in the case, but have been moved to Nov. 30, by which all briefings are expected to be completed and Judge Torres’ final decision will be expected.

Source: U.Today

Related: $2.3 Trillion Liquidity Shock: Franklin Templeton Says XRP Is Next in Line for Massive Inflows

Quick Summary

Jeremy Hogan, a U.S. lawyer and partner at Hogan & Hogan, is siding with James K. Filan’s prediction of when Judge Torres might decide on the expert motions and likewise summary judgment, as he tweeted, “And there you have it. March 31, 2023.” And there you have it. March 31, 2023.

Source

Information sourced from official Ripple publications, institutional research, regulatory documentation and reputable crypto news outlets.

Author

Ripple Van Winkle is a cryptocurrency analyst and founder of XRP Right Now. He has been active in the crypto space for over 8 years and has generated more than 25 million views across YouTube covering XRP daily.

Editorial Note

Opinions are the author's alone and for informational purposes only. This publication does not provide investment advice.

Follow & Stay Updated

LATEST POSTS

Bitcoin: CFTC Signals Crypto Sector Focus

The CFTC is expanding its regulatory focus beyond Bitcoin futures, signaling a broader acceptance of crypto and prediction markets. With a new advisory committee that includes crypto CEOs and traditional finance leaders, the CFTC's move hints at a future where digital assets are more deeply integrated into mainstream finance.

XRP Has No Issuer, Ripple’s Schwartz Says

Ripple's XRP stands apart from other cryptos, and recent comments from CTO Emeritus David Schwartz highlight why. Discover the unique design feature that could make XRP a game-changer for institutional investors.

XRP Signals Turn Positive Amid Crypto Hype

Bitcoin eyes a comeback as analysts suggest a possible bottom between $40,000 and $50,000, while select altcoins show promising recovery signs, hinting at a buying opportunity. Is now the time to buy the dip?

Crypto Leaders Appointed to CFTC Advisory Panel

The CFTC is forming a new advisory committee with crypto heavyweights like Ripple's Brad Garlinghouse, signaling a potentially bullish shift towards clearer, more collaborative regulation. Could this be the catalyst that finally unlocks institutional investment in digital assets?

Most Popular