Ripple ir SEC pradėjo teikti atsakymus į teismo sprendimo santrauką

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The parties officially file sealed versions of summary judgment replies.

Former federal prosecutor James K. Filan revealed that the United States Securities and Exchange Commission (SEC) and Ripple have officially filed, under seal, their respective summary judgment reply briefs.

“The parties have begun to file, UNDER SEAL, their replies to the opposition to the Motions for Summary Judgment,” Filanas pasakė.

Following the summary judgment reply briefs’ filing, the parties will meet and confer tomorrow, as stated in the updated schedule note, to identify necessary redactions in the reply briefs.

Parties Could File Redacted Replies Before Scheduled Date

After the necessary redactions, a redacted version of the summary judgment reply briefs will be filed publicly by December 5, 2022.

“The public, redacted versions of the Replies are due by Monday, December 5th,” jis pridėjo.

Interestingly, the former federal prosecutor believes there is a tendency for the public to have access to redacted versions of the parties’ replies before the scheduled date, December 5, 2022.

In a previous tweet, Filan explained that both redacted versions of the summary judgment motions and oppositions were filed days before the scheduled date. According to Filan, the redacted summary judgment motions were originally due on September 19 but were filed on September 17.

“[…] The redacted oppositions were due on October 24 but were filed on October 21. So, expect the redacted replies to be filed early as well,” Filan sakė.

Possible Reference Points in the Redacted Replies

Since the replies are still sealed, the public can only speculate on possible areas that the parties focused on in the briefs. XRP holders expect the parties to address the amicus curiae briefs filed by non-parties in the lawsuit.

As reported, 16 entities filed amicus curiae briefs in the Ripple vs. SEC case. Out of the 16 entities, 13 entities are in support of Ripple’s case against the SEC, and they include:

  1. TapJets 
  2. I-Remit 
  3. Investor Choice Advocates tinklas (AŠ GALIU) 
  4. „Blockchain“ asociacija 
  5. SpendTheBits 
  6. Coinbase 
  7. „Cryptillian“ mokėjimo sistemos. 
  8. Kripto naujovių taryba (CCI) 
  9. Valhil Capital LLC 
  10. Reaper Financial 
  11. Paradigmos operacijos
  12. Veri DAO LLC, ir 
  13. Advokatas Deatonas, on behalf of over 75K XRP holders.

Notably, two non-parties, including the New Sports Economy Institute (NSEI) and Accredify Inc (InvestReady), have thrown their weight behind the Securities and Exchange Commission. However, one entity, Skaitmeninės prekybos rūmai, chose a neutral stand in its amicus curiae brief.

Meanwhile, Filan ruled out the possibility of the parties referencing excerpts from the sealed controversial William Hinman documents. Per the pro-Ripple lawyer, the SEC will redact any portion of the defendants’ reply that references excerpts from Hinman’s documents.

Filan further said Judge Analisa Torres would unseal Hinman’s document if she relied on it when drafting her summary judgment ruling.

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Source: https://thecryptobasic.com/2022/12/01/ripple-and-sec-started-to-file-summary-judgment-replies/?utm_source=rss&utm_medium=rss&utm_campaign=ripple-and-sec-started-to-file-summary-judgment-replies