{"id":6965,"date":"2023-05-26T20:12:09","date_gmt":"2023-05-26T20:12:09","guid":{"rendered":"https:\/\/www.bitrabo.com\/community\/ripple-case-enters-critical-phase-as-judge-prepares-for-mid-july-verdict-top-lawyer-says\/"},"modified":"2023-05-26T20:13:02","modified_gmt":"2023-05-26T20:13:02","slug":"ripple-case-enters-critical-phase-as-judge-prepares-for-mid-july-verdict-top-lawyer-says","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/ripple-case-enters-critical-phase-as-judge-prepares-for-mid-july-verdict-top-lawyer-says\/","title":{"rendered":"Ripple vs SEC: Judge Set to Deliver Verdict in Mid-July, Says Top Lawyer"},"content":{"rendered":"\n<div>\n<p>The legal battle between Ripple Labs and the SEC has been intensifying lately. Ripple CEO Brad Garlinghouse has stated that he expects a court decision \u201cin weeks, not months\u201d while pro-XRP lawyer Jeremy Hogan has predicted that the mid-July verdict will be a significant ruling for the case. Hogan\u2019s analysis, while not a prediction, points to a pattern that has emerged in the case, suggesting that the outcome may be decided in the upcoming weeks.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ripple_Case_Nears_Climax\"><\/span>Ripple Case Nears Climax<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>While it is essential to recognize that Judge\u2019s decisions will be based on the case\u2019s merits and not any predetermined timeline or pattern, the timing of the ruling is noteworthy. If Hogan\u2019s analysis is accurate, it could provide insight into the timeline for the final judgment in the case. The outcome of the Ripple case is closely monitored by the cryptocurrency industry and could have significant regulatory implications.<\/p>\n<h3>Hinman Speech Documents Could Work Against the SEC\u2019s Allegations<\/h3>\n<p>A recent ruling by Judge Sarah Netburn has granted Ripple Labs access to documents related to a speech given by former SEC official William Hinman. The SEC initially argued that the speech was not guidance to the market, intending to have Hinman sign an affidavit stating that the speech was only his opinion and not guidance. However, Judge Netburn ruled that the speech was discoverable and not covered by the deliberative process privilege.<\/p>\n<p>As the case unfolds, the Hinman speech documents are likely to be closely scrutinized by legal experts and cryptocurrency enthusiasts. The ruling granting access to these documents could be a turning point in the case, and Ripple could use them as evidence to mount a successful defense against the SEC\u2019s allegations.<\/p>\n<figure style=\"width: 1814px\" class=\"wp-caption aligncenter\">\n      <figcaption class=\"wp-caption-text\">XRP\u2019s sideways price action on the 1-day chart. Source: XRPUSDT on TradingView.com<\/figcaption><\/figure>\n<p>Featured image from Unsplash, chart from TradingView.com.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The legal battle between Ripple Labs and the SEC has been intensifying lately. Ripple CEO Brad Garlinghouse has stated that he expects a court decision \u201cin weeks, not months\u201d while pro-XRP lawyer Jeremy Hogan has predicted that the mid-July verdict will be a significant ruling for the case. Hogan\u2019s analysis, while not a prediction, points [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6967,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Ripple vs SEC: Judge Set to Deliver Verdict in Mid-July, Says Top Lawyer - Bitrabo","description":"The legal battle between Ripple Labs and the SEC has been intensifying lately. Ripple CEO Brad Garlinghouse has stated that he expects a court decision \"in week"},"footnotes":""},"categories":[316],"tags":[796,1128,1127,1130,1025,1131,1129,1102,575,889,1132],"class_list":["post-6965","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-case","tag-critical","tag-enters","tag-judge","tag-lawyer","tag-midjuly","tag-phase","tag-prepares","tag-ripple","tag-top","tag-verdict"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/6965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=6965"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/6965\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/6967"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=6965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=6965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=6965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}