Ripple and SEC make peace to seal details in settlement negotiations
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If approved by Judge Torres, the sealing request would keep crucial details in a remedies-related briefings, such as Ripple’s financial statements and post-complaint XRP institutional sales, concealed from the XRP and the broader crypto community. Subsequently, on March 25, the parties will convene to identify redactions, with the SEC expected to release a public, redacted version of the brief on March 26.
The timeline extends to May 20, with parties and third parties tasked with filing letter motions and opposition related to sealing details in the filings. As the lawsuit unfolds, it appears destined to continue for several more months, with a final judgment by Judge Torres likely arriving this year or next.
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