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XRP Lawsuit: Ripple says discovery deadline extension would be ‘severely prejudicial’
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The lawsuit filed by the United States Securities and Exchange Commission (SEC), against blockchain company, Ripple Labs for selling unregistered securities is inching closer to being a year old while showing no signs of settling soon.
Even as the SEC is trying to delay deadlines fixed earlier by the court, Ripple is putting in similar efforts to wrap up the case as quickly as possible. In a motion opposing the SEC’s previous request for a deadline extension on fact discovery to 12 January, the defendant asked the court on 19 October that the SEC’s proposal be denied on several grounds.
Ripple agreed to extend the deadline for rebuttal, expert reports to 12 November even as it “is prepared to meet the original schedule.” Further, the firm
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