<html>
 <head></head>
 <body>
 US Magistrate Judge Sarah Netburn has issued an order, directing Ripple and SEC to agree on possible dates for a settlement conference.   
 This comes after Judge Analisa Torres referred the next phase of the Ripple vs. SEC case to Judge Netburn. The potential for a settlement conference raises questions about the future of the case and its implications for the cryptocurrency industry.   
 According to a court document filed on July 17, Judge Netburn, who will now preside over the General Pretrial phase, has suggested that the parties come to an agreement 6-8 weeks in advance of the conference.   
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper">
 https://twitter.com/EleanorTerrett/status/1681038538316423168?s=20 
 </div> 
 </figure>   
 This recommendation is in consideration of the court's busy schedule. The parties are expected to propose three mutually convenient dates for the settlement conference.   
 The General Pretrial phase of the case encompasses matters related to scheduling, discovery, and non-dispositive pretrial motions.   
 It is also the stage where parties involved in a legal dispute often explore settlement options. While the expectation is that the SEC may want Ripple to settle, it remains uncertain whether either side will pursue this route.   
 IFox Business journalist Eleanor Terrett shared her outlook on Twitter, indicating that the potential for a settlement conference might be a significant turning point in the case.   
 The previous week, Judge Torres declared <a href="https://optimisus.com/news/crypto-news/ripples-xrp-price-soars-over-70-following-favorable-judges-ruling-against-sec/" rel="noopener noreferrer nofollow">XRP not a security</a>, leading to a massive rally for the token and the broader crypto market.   
 This partial victory for Ripple has been seen as a milestone moment, raising hopes for much-needed regulatory clarity in the crypto industry.  
 The post <a rel="noopener noreferrer nofollow" href="https://optimisus.com/news/crypto-news/court-orders-ripple-labs-and-sec-to-discuss-potential-settlement-dates/">Court Orders Ripple Labs and SEC to Discuss Potential Settlement Dates</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://optimisus.com">Optimisus</a>.
 </body>
</html>

Court Orders Ripple Labs and SEC to Discuss Potential Settlement Dates

Optimisus

Other articles published on Jul 19, 2023

Dormant Ethereum ICO Participant Shifts 61,216 ETH To Kraken After 8 Years

Energy Solar Stock Price Prediction: Will ETC Stock Rise or Fall?

Breaking News! US Giant’s Step Back on Crypto!

Bitcoin Bulls Pushing Hard to Surpass $31K Barrier: What It Means for the Market

Airbnb Stock Price Prediction: Are You Selling or Holding ABNB?

IMF: Extensive Policies Needed to Protect Economies and Investors

Join our free newsletter for daily crypto updates!