The judge granted the US SEC's request to postpone the Ripple case for 60 days.
06月
15
2021-6-15 12:38
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District Judge Sarah Netburn has approved a request to the United States Securities and Exchange Commission (SEC) to extend the research period in Ripple by 60 days, according to U. Today. The trial is scheduled to end on August 31 and the findings are set for October 15. Previously, the SEC had announced that it had requested a four-month extension by the past judge to deal with new findings in a "fair and productive manner." Ripple opposes the claim, arguing that the delay could pose a "threat" to US businesses. In particular, Ripple noted that its cross-border payment products, On-Demand Gains, were not performing well in the United States due to currency transactions or delays in XRP.
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