The US SEC and Ripple wrote to the judge: currently do not believe that there is a possibility of reconciliation
Rhythm BlockBeats news, according to the letter jointly submitted by the US Securities and Exchange Commission (SEC), Ripple and the two founders to Federal Judge Analisa Torres of the US District Court for the Southern District of New York on February 15, all parties The chances of a settlement ahead of the “pre-trial conference on Ripple’s alleged securities violations” are slim.
The lawyers of the parties involved have negotiated, and they all believe that there is no prospect of solving the problem at present. The prior settlement discussions took place in the context of the Trump administration and with former division chiefs who have since departed the SEC, the letter said. But now the situation has changed.
It is understood that the first pre-trial conference on the Ripple lawsuit is scheduled for February 22, but the case will not last until at least 8 Judgment will be a month away.
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
