SEC and Ripple submitted a joint letter asking for an extension of one week.
Ripple appoints ex-Amazon CFO Warren Jenson as a new Board of Directors.
In the “never-ending SEC vs Ripple battle,” Ripple Labs has recently seen some positive winning streaks. On 16th May, Ripple bagged a significant win against the U.S. Securities and Exchange Commission to make Hinman speech-related documents public.
However, both parties in the ongoing legal battle over the use of the cryptocurrency XRP have submitted a joint letter asking for an extension of one week, until June 13, 2023, to file public, undeleted versions of their cross-motions for summary judgment and supporting documents.
According to the court filings, a judge ordered that the public and redacted versions of the materials needed to be filled out in 21 days. It highlighted that the SEC and Ripple seek an extension due to the “voluminous nature of the materials and redactions.”
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