US SEC requests postponement of evidence in lawsuit against RippleLabs and its administration

Golden Financial announced that the United States Securities and Exchange Commission (SEC) has requested an extension of the time limit for obtaining evidence in a lawsuit against Ripple Labs and its management, and that the request has been granted. According to a report from @CryptoLawUS, the deadline has been extended to January 14, 2022. The above-mentioned orders are published in a white paper. “The parties recognize that there may be at least 14 expert witnesses to prosecute. The defendants believe that the collection of this evidence can be completed within 18 business days, given the investment layer available to the United States Securities and Exchange Commission. When the Securities and Exchange Commission (SEC) first requested an extension, the defendants agreed to a deadline for experts to dismiss the statement. However, the date of discovery is not. At the time, Ripple argued that continuing the Finals after December 10 could affect the short duration of the decision.