XRP Suit: The US Court of Appeals A Schedule arrangement For appeals filed in Ripple’s long-running lawsuit. The Court of Appeal asked both parties to adhere to the timetable, otherwise this could lead to… Appeal rejected. Ripple Labs and CEO Brad Garlinghouse April 7, 2025.
US Court of Appeals sets timeline for XRP lawsuit
In its most recent court filing, the U.S. Court of Appeals for the Ninth Circuit issued a docket notice for appeals of In connection with the Ripple Labs Inc. litigation Judgments issued by the District Court. In addition, the court issued an order setting an appointment with Sawstack v. Ripple Labs Case title.
The appellant filed an individual lawsuit ripple, XRP II and CEO Brad Garlinghouse In an XRP lawsuit related to violations of securities laws. Notably, the District Court ruled in favor of Ripple and CEO Brad Garlinghouse, but it is now being appealed in the Court of Appeal.
Furthermore, the Court requested the parties to file any requests for relief from this court separately. Motions filed with a notice of appeal in district court are not automatically transferred to this court for filing.
Arranging the timeline in a ripple lawsuit
Based on the decision of the Court of Appeal, appellant Bradley Szostak Needs to submit the mediation questionnaire due by January 29.
As the court gave March 6 deadline To file a summary of the appeal. This provides nuanced arguments against Ripple Labs, XRP II, and CEO Brad Garlinghouse in the XRP lawsuit. The ruling in this case may set a binding precedent for Ripple’s lawsuit against the SEC.
Ripple Labs, XRP II, and CEO Brad Garlinghouse will provide a summary of the answer to the appeals by then April 7, 2025. It is worth noting that the company will submit its summary in the Ripple vs SEC case by then April 16This is according to what was stated in his filing before the Second Circuit Court of Appeals.
An optional response may also be submitted within 21 days of the submission of the answer summary, in accordance with the order of the timeline.
Latest developments in the XRP lawsuit
Meanwhile, Ripple and CEO Garlinghouse are seeking to end the lawsuit, urging Shostak and the plaintiff class to pay expenses incurred in the irrational arguments. The cryptocurrency company filed a “bill of costs” after a district court ruled in its favor, seeking money for lost time and expenses incurred in the securities violations lawsuit.
In the latest File a lawsuit In the U.S. Court of Appeals for the Ninth Circuit, lead plaintiff Bradley Szostak appealed for costs that were assessed in the amount of $210,591.52 against the first-instance plaintiffs.
Meanwhile, lawyers believe that cryptocurrency-related lawsuits will see settlement or dismissal in April or May as the Trump administration will decide not to pursue appeals.
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