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Ripple Seeks Deadline Extension After Court Upheld the SEC’s Remedies Discovery Request

Published 02/07/2024, 07:09 PM
Updated 02/07/2024, 07:15 PM
Ripple Seeks Deadline Extension After Court Upheld the SEC’s Remedies Discovery Request
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  • Ripple has requested a one-week extension of the deadline for remedies-related discovery in its case against the SEC.

  • Ripple asked the Judge to shift the deadline from February 12 to February 20.

  • The firm cited delays in resolving post-complaint disputes for demanding an extension.

Ripple has requested a one-week extension of the deadline for remedies-related discovery in its case against the U.S. Securities and Exchange Commission (SEC). On February 6, through its lawyer, Ripple applied to the judge for the deadline to be extended from February 12 to February 20, 2024.

Ripple cited delays in resolving the dispute over the relevance of the post-complaint discovery requested by the SEC as the reason for demanding an extension. According to Ripple, the Court ruled in favor of the SEC on February 5, one week before the close of discovery.

Furthermore, Ripple highlighted that the remaining timeframe would not be suff…

The post Ripple Seeks Deadline Extension After Court Upheld the SEC’s Remedies Discovery Request appeared first on Coin Edition.

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