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Ripple lawyers seek to delay some discovery deadlines, saying requirements are "too onerous"

Ripple lawyers seek to delay some discovery deadlines, saying requirements are "too onerous"

CointimeCointime2024/02/07 09:32
By:Cointime

On February 7th, Judge Sarah Netburn approved the motion from the US SEC, requiring Ripple to provide financial statements for 2022-2023 and the XRP institutional sales contract after the complaint. Ripple's lawyers have submitted a new motion to Judge Torres. According to the latest court documents, although Ripple fully complied with the order to submit financial statements for 2022-2023, the institutional sales contract after the complaint, and inquiries about institutional sales revenue after the complaint, the company still believes that the request is "overly burdensome" and therefore requests to extend the deadline for remedial discovery evidence from February 12, 2024 to February 20, 2024. The company provided further evidence previously provided to the court, claiming the right to seek an extension of any discovery deadline.

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