XRP News: Attorney Suggests New End Date For XRP Lawsuit
Also Read: XRP Lawsuit Verdict Crucial For Major Cryptos Other than BTC
Pro XRP Lawyer Expects Ruling By August
Attorney Fred Rispoli, pro XRP lawyer predicted the possible end date of the US SEC vs Ripple lawsuit. The lawyer laid out the stats linked to the District Court, Analisa Torres’s motions for summary judgment. He highlighted that the judge has granted the motion for summary judgment to defendants in 37% of the case. While the ruling has been given to plaintiffs in 24% of the lawsuits.
As per Rispoli, Motion for the summary judgment has been announced in an average time of 249 days. However, 60% of the rulings came between a period of 146 to 330 days.
This suggests that a verdict would have come around May 21, 2023, which is 249 days from September 17, 2022 (the date of filing the initial motion for summary judgment). He added that if one considers 330 days criteria then the ruling would come around August 10, 2023. Read More XRP News Here…
Recommended Articles
Also Read: ADA, MATIC, ALGO Are Not “Securities”: XRP Lawyer