News View Non-AMP

What if the SEC Fails to Request Reconsideration Before October 13th? Will it Surrender Documents to Ripple?

Published by
Sahana Vibhute

Ripple VS SEC lawsuit is revolving around the probable rollout of the summary judgement for quite a long time. Previously, the SEC was ordered to hand over the documents related to william hinman to Ripple , wherein the ex SEC in an event said Ethereum (ETH) was not a security. Finding it irrelevant, the SEC had objected to disposing of the documents, which was turned down. 

The SEC has been deliberately encouraging uncertainty within the cryptospace by flaunting most of the orders given by the court. Mainly due to the fact that the documents are considered very crucial as they show Hinman’s personal opinion. 

Moreover, if the SEC produces the documents, the Ripple vs SEC lawsuit may end in the next 90 days, as claimed by a 3rd party attorney for Ripple, John Deaton. While the Ripple SEC case is about to reach its destiny, what can be expected in the next 90 days? 

A well-known personality, HASHR Ventures, rolled out the upcoming important dates of the case from the documents of the Defense lawyer, James Filan.

The blockchain.com enthusiast listed out the upcoming events of the Ripple vs SEC case, to which the defense lawyer replied that if the SEC had to request a reconsideration, it would be on or before October 13th, 2022. 

Further, when asked whether the decision of the Summary Judgement is in the Judge’s hands after December 12, 2022, Filan replied that it may be considered immediately after the briefing is completed on November 15.  

“ Technically, it’s in Judge Torres’s hands and she can start work on it on November 15th because that’s when the briefing is complete.” “Those things due after that relate to sealing issues regarding what will be public and what will remain sealed, but not the substance of the motions,” he said.

Further, when asked whether the Summary Judgement may occur before the sealing, James Filan replied negative. 

Collectively, the end game for Ripple vs SEC lawsuit appears to be fast approaching as the SEC has no more acquisition left. On the other hand, Ripple is not much impacted by the case and continues to grow in terms of expansion and development of its ecosystem. Therefore, with the advancement in the case, the XRP token could also be relisted in the US-based exchanges which may uplift the XRP price before the next bull run.

Sahana Vibhute

A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

Recent Posts

Apple, Google, and Uber Quietly Explore Stablecoins to Revolutionize Payments

On the path to innovation, Apple, Google, X, Airbnb, and Uber are quietly exploring stablecoins,…

June 7, 2025

Pi Network News: Users Outraged Over Missing Tokens Despite KYC Completion

Following the news, Pi Coin has dropped around 4% in the last 24 hours, now…

June 7, 2025

Eric Trump Backs $TRUMP Token While Price Faces Bearish Pressure—Is a Rebound Coming?

As political and crypto narratives continue to intersect, the Trump family’s crypto ambitions are once…

June 7, 2025

Bitcoin Price Surpasses $104K Ahead of U.S.-China Trade Talks on June 9th

Bitcoin price has recovered from intraday lows and surpassed the $104,000 mark after the US…

June 7, 2025

Cardano Bulls Defend $0.61 Support, But the Bearish Structure Remains Intact-What’s Next for the ADA Price Rally?

Cardano has managed to find temporary support above the $0.6 mark, a level where buyers…

June 7, 2025

XRP News Today: Ripple Transfers $498M to Unknown Wallet

Ripple recently moved over 230 million XRP, valued at around $498 million, to an unknown…

June 7, 2025