The first pre-trial meeting between the US SEC and Ripple will be held on February 22, 2021
Rhythm BlockBeats news, according to Coindesk on December 30, the US Securities and Exchange Commission (SEC) sued Ripple for illegally selling XRP and making a profit. The first pretrial meeting will be held on February 22, 2021 .
Pursuant to a court order from the US District court of the Southern District of New York, Ripple will meet with the SEC via video call. In the order, U.S. District Judge Analisa Torres asked the parties to respond, stating the arguments and merits of the case, possible motions, and the possibility of a settlement. The pre-trial conference is understood to mark the start of the trial portion of the lawsuit brought by the SEC.
As previously reported by Rhythm, up to now, there are Coinbase, Bitstamp, OSL, CrossTower, Beaxy and OKCoin, doing Market/OTC merchants include Jump trading, Galaxy Digital, and B2C2, asset management companies include Bitwise and 21 Shares, and payment processing company Simplex and more than a dozen institutions have stopped XRP transactions or related services.
Extended reading:
If Ripple really loses the SEC lawsuit, which trading platform will be most affected ? "
"What the SEC Didn't Tell You about Ripple "
《 The SEC tells you about Ripple's control method"
Welcome to join the official BlockBeats community:
Telegram Subscription Group: https://t.me/theblockbeats
Telegram Discussion Group: https://t.me/BlockBeats_App
Official Twitter Account: https://twitter.com/BlockBeatsAsia
Related Articles
