XRP Case Update: Legal Expert Corrects Inaccuracies About August 15 Deadline
Main Idea
Legal expert Bill Morgan clarifies that Judge Torres' role in the Ripple vs. SEC case is over, and the August 15 deadline pertains to the SEC's internal vote on dismissing its appeal, not a pending court decision.
Key Points
1. Bill Morgan corrected inaccuracies about the August 15 deadline, stating it is not a court decision date but the deadline for the SEC to dismiss its appeal.
2. Judge Analisa Torres' role in the case is concluded, with remaining steps being procedural matters between Ripple and the SEC.
3. The SEC commissioners must vote on dismissing the appeal, and the dismissal could occur before August 15, though the date itself is not a decisive deadline.
4. The final resolution of the case hinges on the SEC's next move, with no further judicial decisions expected from Judge Torres.
Description
Legal expert Bill Morgan has issued a critical correction to misleading information recently shared by Fabio Zuccàra regarding the current status of the Ripple vs. SEC legal battle. Zuccàra’s post suggested that a new decision from Judge Analisa Torres was still pending and framed August 15 as a definitive legal deadline. Morgan explained that Judge Torres’ role in the case has concluded, and the remaining steps are procedural matters between Ripple and the SEC, no longer involving the court. Cl...
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