Ripple Lawsuit: XRP Community Debates Timing of Summary Judgment

weighed in on the discussion regarding the likely timing of summary judgment in the Ripple lawsuit.

Back to what triggered the debate: a vocal XRP community member, Mr. Huber, shared a screenshot of information he had found online about how long it might take a court to review legal filings and decide on requests for summary judgment. The filings in Ripple are 10X the filings in LBRY. Remember also, LBRY’s counsel stipulated that prongs 1 and 2 were satisfied and the only contested prong in the case was prong 3, which has a two-part test . In Ripple, factor…His tweet drew the attention of former SEC lawyer Marc Fagel, who concurred that the timeline of one to three months was incorrect while adding that legal research done on the internet might not be factual.

To this, Marc Fagel replied,"About four and a half months," adding that this might be due to the much less voluminous record there.

Source: Law Daily Report (lawdailyreport.net)

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