The XRP community recently engaged in a discussion regarding the potential duration of the court’s summary judgment decision in the Ripple case. Mr. Huber, a blockchain investigator, initiated the debate by sharing a screenshot suggesting that the judgment could take anywhere from one to three months. However, securities attorney Marc Fagel cautioned against relying on such information obtained from a personal injury law firm, as it did not accurately represent federal cases. Fagel referred to a 2018 study that indicated an average timeframe of six months for summary judgments in federal district courts, a deadline that the Ripple case is quickly approaching.
Cryptocurrency attorney and Ripple supporter John Deaton joined the conversation, highlighting that if summary judgments indeed took between one and three months on average, there would be no need for Congress to enforce a six-month rule. The discussion then shifted to the LBRY case, with Ripple senior software engineer Neil Hartner inquiring about the duration of the summary judgment ruling in that case. Fagel revealed that it took approximately 4.5 months, although there was less data involved. Deaton countered the perception that a delay favored the defendant, emphasizing the complexity of Ripple’s case, which involved issues of “consumptive intent” and “common enterprise.” These complexities add layers to the judgment process.
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