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21 June 2021

Ripple (XRP) opposes the SEC's request for an extension of the discovery deadline 

Ripple (XRP) opposes the SEC's request for an extension of the discovery deadline 


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Six days later, Ripple’s legal defense filed an objection to the discovery deadline extension request, arguing that “an extension of the discovery schedule, in this case, would cause tremendous prejudice to Ripple,” while adding “the SEC has not met its burden of showing that there is good cause to extend the schedule.” 

The SEC’s two-and-a-half-year-long investigation that preceded the lawsuit against Ripple gave the regulators a significant head start in the case but the defense stated this is not the grounds of their objection to the deadline extension request

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