John Deaton Predicts Shocking Event Following Summary Judgment Briefings In Ripple Lawsuit

John Deaton, CryptoLaw Founder, is making a bold prediction as to what might happen after the summary judgment briefings are made public.

He stated:

“When the summary judgment motions are public, we will see evidence we are currently unaware of, including testimony from Ripple CEO, Brad Garlinghouse, Cofounder Chris Larsen, Ripple CTO, David Schwartz, and former Ripple employees. It includes testimony from Hinman and other SEC officials (Amy Starr, Valerie S).”

John Deaton also added:

“I predict we (will) also see why it was so important that XRP holders be heard.”

The remaining months of 2022, based on impending decisions and motions to be filed, might be crucial months in the litigation, according to James K. Filan’s most recent update of the calendar. By September 13, motions for summary judgment are anticipated. Before Judge Torres makes her final ruling, opposition must be sent by October 18 and must be answered by November 15. Judge Torres’ decision on expert motions and summary judgment might be rendered on or before March 31, 2023, according to Filan.

Meanwhile, in updates shared by James K. Filan over the weekend:

“The SEC has filed a letter requesting to seal portions of the parties’ oppositions to the exclusion motions that contain information identifying the SEC’s expert witnesses and the personal financial information of one of the SEC experts.”

Additionally, Ripple and its defendants are asking that a small number of exhibits to the briefs submitted by the parties in response to the petitions to exclude expert witness be subject to narrowly controlled redactions.

In the paper that is attached, Ripple requests that the identity of non-parties, such as participants in digital assets and Ripple business partners, as well as Ripple personnel who appear in the Daubert petitions, be sealed.

Finding hints about the players in the digital asset market, XRP-friendly lawyer Jeremy Hogan observed, “Could… digital asset market participants’ be referring to actual XRP retail purchasers?” (Merges fingers). Nevertheless, optimism is still present as we approach the anticipated summary judgment briefing next month.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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