.Ripple has objected to SECGov's most recent request
and co-founder Chris Larsen argue that the court has to deny the U.S. Securities and Exchange Commission’s most recent request for yet another extension of time.
On March 21, the SEC filed a motion to request that the court allow a “brief extension” to inform the court about its intentions regarding conducting any additional discovery. The individual defendants want to conduct remedies-related discovery after the court rules on summary judgement motions. The extent of the discovery they wish to take is not clear, which is why the SEC needs additional time to determine whether it is required.
However, the individual defendants argue that the SEC has delayed the resolution of the case “long enough,” arguing that there is no need for additional discovery. They add that “nothing” should delay Ripple for moving to
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