Reading time: ~ 2 m
Journalist of the publication FoxBusiness Eleanor Terrett tweeted that The Ripple v SEC expert opinion deadline will be pushed back by a month due to the rapid proliferation of the Omicron variant. An unnamed source allegedly told FoxBusiness about this. A letter outlining this new petition could be filed with the court tomorrow.
SCOOP: The expert discovery deadline in the Ripple vs. SEC case will be pushed back a month due to the rapid spread of the Omicron variant. A source close to the case tells @FoxBusiness a letter outlining this new motion will be filed in court as early as tomorrow. #XRP
— Eleanor Terrett (@EleanorTerrett) January 12, 2022
As one user suggested in the comments under this post, Omicron is not the only reason for the delay. He, in turn, referred to a tweet from US Congressman Tomy Emmer, who wrote a few hours ago that “new legislation on digital currencies will soon appear.”
New digital currency legislation coming soon👀
— Tom Emmer (@RepTomEmmer) January 11, 2022
However, the new law is not a matter of one day, or even one month, so it is unlikely that the court will wait for its release.
FoxBusiness conducted a large-scale investigation into the circumstances of the Securities and Exchange Commission case against Ripple, during which many interesting details were revealed. In particular, it was found that Gensler could have played a large role before he joined the SEC.
#deadline #Ripple #case #rescheduled
