• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Ledger CTO Warns Of Crypto Clipper Malware Following Major NPM Breach
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Ledger CTO Warns Of Crypto Clipper Malware Following Major NPM Breach
Ripple SEC XRP

Ripple Vs. SEC: Key Dates To Watch Post-Interlocutory Appeal Win

Jake Simmons
by Jake Simmons
1 year ago
·
Posted in Ripple
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The United States Securities and Exchange Commission (SEC) has been dealt another setback in its ongoing legal battle against Ripple Labs. District Court Judge Analisa Torres has dismissed the SEC’s interlocutory appeal motion. On October 3, Judge Torres based her decision on the regulator’s failure to convincingly demonstrate “controlling questions of law” and “substantial grounds for differences of opinion.”

While this stands as a setback for the SEC, it doesn’t mark the end of the litigation. The trial has been scheduled for April 23, 2024, to further examine the outstanding issues of the case.

Jeremy Hogan, a well-regarded lawyer in the XRP community, emphasized the impact of this recent ruling, “the SEC’s motion for interlocutory appeal DENIED. Which means, the case either goes to trial in April, or goes away. AND, this Order allowed the Judge to explain parts of her ruling even better, making appeal that much harder for the SEC to win.”

Related Reading: BREAKING: Ripple Scores Yet Another Win As Judge Torres Rejects SEC’s Appeal Attempt

Echoing these sentiments, Bill Morgan conveyed his satisfaction with the decision: “Great news. SEC smashed. No interlocutory appeal. Trial now confirmed for 23 April 2024.”

Upcoming Dates For Ripple And The SEC

Diving deeper into potential timelines, attorney Fred Rispoli provided a speculative roadmap for the litigation. He marked the April 2024 trial date and proposed that it could last for eight weeks or more. Rispoli further noted the importance of upcoming pre-trial motions expected in December 2023, followed by rulings in early 2024.

According to Rispoli, “after trial, there will be substantial post-trial motions by both parties. These will take a few months just for briefing, likely completed around September-ish 2024. Appellate briefing to the 2nd Circuit would not be completed until around February 2025.”

If the case goes to the 2nd Circuit, it will take “about a year to decide the case”, predicts the lawyer, adding that around February 2026 a ruling can be expected. “Supreme Court decision–assuming it accepts review–would be Feb. 2027 or later. Bottom line is we’re LOCKED IN for XRP-not-a-security (from a judicial perspective) until February 2026 at the earliest.”

Scott Chamberlain, a former lawyer and co-founder of Evernode XRPL, expressed his views on the broader ramifications of the recent court decision: “I think this is more significant than people realize. Yes, the SEC can appeal later, but it is stuck with shitty factual record that makes successful appeal much more difficult. It also means Supreme Court is less likely destination […] Now it has to push shit uphill with a pointy stick if it wants to win.”

Related Reading: Upcoming XRP Ledger Update: Ripple CTO Discusses ‘Clawback’ Potential

In August, Judge Torres ordered a jury trial, which will involve Ripple Labs, CEO Brad Garlinghouse, and co-founder Chris Larsen. Initially, this trial was projected between April 1 and June 30, 2024. However, due to scheduling conflicts, the trial date has been adjusted to April 23, 2024.

Garlinghouse and Larsen’s counsel reported their unavailability from April 1-14, 2024. On the other hand, Ripple Labs communicated their readiness for a trial at any point in the second quarter of 2024. Meanwhile, the SEC indicated its unavailability on several dates in April and May.

Pivotal trial deadlines have been established. All involved parties must submit any motions by December 4, 2023, with oppositions due by December 18, 2023. Furthermore, December 4 is also the cutoff for all required pretrial filings, including their proposed joint pretrial order, requests to charge, verdict form, and voir dire questions.

At press time, the XRP price stood at $0.5893 and showed a modest reaction to Ripple’s victory, rising 3% since the announcement.

XRP price
XRP pushes above the 23.6% Fib, 4-hour chart | Source: XRPUSD on TradingView.com
Featured image from Shutterstock, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Jake Simmons

Jake Simmons

Follow

Jake Simmons has been a Bitcoin enthusiast since 2016. Ever since he heard about Bitcoin, he has been studying the topic every day and trying to share his knowledge with others. His goal is to contribute to Bitcoin's financial revolution, which will replace the fiat money system. Besides BTC and crypto, Jake studied Business Informatics at a university. After graduation in 2017, he has been working in the blockchain and crypto sector. You can follow Jake on Twitter at @realJakeSimmons.

Full Profile

Related Posts

Ripple

Ripple Vs. SWIFT Battle Heating Up As Exec Lands Major Blow To XRP

6 days ago
Ripple

Ripple Swell 2025 Is Almost Here: Here’s What To Expect From The Event

1 week ago
Ripple

Pundit Says Ripple Is The New SWIFT — Here’s What Is Driving It

1 week ago
Ripple

Latest RLUSD Stablecoin Could Propel Ripple To Limelight Amid Trillion-Dollar Predictions

2 weeks ago
Ripple

Did This Federal Reserve Announcement Just Put Ripple In The Ranks Of SWIFT And BRICS?

2 weeks ago
XRP

Ripple’s RLUSD Takes Center Stage As NYSE-Listed Company Moves $1.5B Through XRP Ledger

2 weeks ago

Premium Sponsors

Press Releases

  • MINER

    2025 Free Crypto Cloud Mining Sites Detailed Guide: No...

    1 hour ago
  • BAY Miner’s

    BTC Swings? BAY Miner’s USD Contracts Yield $85,777...

    2 hours ago
  • Bitcoin

    BTC’s surge doesn’t wait! GMO Miner helps you...

    2 hours ago
  • Cloud Mining

    Compliance and High Returns: ALR Miner Cloud Mining, with...

    4 hours ago
  • PEPENODE มีมคอยน์กบกอดโทเค็นสุดน่ารัก

    PepeNode เหรียญมีมสาย Mine-to-Earn...

    6 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.