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Judge Torres Sets Timeline for SEC vs XRP

Judge Torres Sets Timeline for SEC vs XRP Remedies in Court Filing

Earlier today, Attorney James K. Filan stated that Judge Analisa Torres has established the timeline for the “remedies discovery and briefing” associated with the U.S. Securities and Exchange Commission (SEC) vs. XRP case.

Meanwhile, a member of the crypto community on X claimed, “This timeline means no chance an appeal would be issued before mid-2026 by the second Circuit.” Moreover, he emphasized that Judge Torres’ ruling on July 13, 2023, would remain firm for a considerable period.

Lawyer Jeremy Hogan shared that the final briefs due in April 2024 suggested a possible final judgment in July. He highlighted that Ripple remained the sole defendant, indicating that the defense has significantly reduced the case’s scope to just 20% of its original size. He questioned how much of the case would remain by July, emphasizing the importance of hiring top lawyers.

Furthermore, lawyer Bill Morgan noted that the SEC’s brief on remedies is scheduled for submission just nine days before the beginning of the 2024 XRP Gold Coast Conference, hosted by the Wave of Innovation.

Morgan also highlighted that John Deaton is slated to be a keynote speaker at the conference, where there will be valuable insights shared on this aspect of the case. Morgan also speculated on the possibility of the case settling before the conference.

Morgan countered arguments from Bitcoin advocates like ScamDaddy on X (formerly known as Twitter) regarding Ripple’s win against the SEC. Morgan argued that Judge Torres’s Howey Test analysis of XRP gave its supporters an edge in debates against Bitcoin maximalists.

ScamDaddy contended that Torres’s ruling was unclear on whether XRP is a commodity or a security, but Morgan disagreed, saying that the judge stated that XRP by itself isn’t a security. He maintained that the ruling is valid despite the SEC’s ambiguity on XRP’s status, providing a counterargument for XRP holders against Bitcoin maximalists.

Keynote Speakers

John Deaton – Keynote Speaker

John Deaton

Exciting Announcement!!

The Team at Wave of Innovation is thrilled to announce Mr. John E. Deaton, a renowned legal expert and advocate in the cryptocurrency industry, as the distinguished key speaker for our upcoming #XRPGoldCoast2024.
Mr. Deaton's extensive knowledge and experience in crypto law make him a valuable addition to the event, where he will share his insights on the latest blockchain developments.

John, a prominent figure in the field of cryptocurrency law, has made significant contributions to the XRP community through his legal work and advocacy efforts. He is known for his dedication to representing the XRP community investors. #cryptolaw #johndeaton

"We are honoured to have John join us as our key speaker at the conference. His expertise and passion for crypto law align perfectly with the goals of our event, and we are confident that his insights will be both enlightening and empowering for all attendees.

Mark your calendars, because this event is going to be legendary!
For the latest updates, make sure to follow @wave_of_innovation


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Keynote Speakers

Crypto Eri – Keynote Speaker

Crypto Eri

We are thrilled to announce that Crypto Eri, a prominent figure in the XRP community, will be gracing the stage as the Keynote Speaker at the #XRPGoldCoast2024 Conference. Her unwavering commitment to the XRP community and unparalleled content have been a guiding light through the tumultuous waters, and her dedication to supporting innovation within the XRPL ecosystem is set to make an incredible contribution to this year's conference.

Crypto Eri, known for her deep understanding of the XRP ecosystem and her engaging, informative content, has emerged as a leading voice in the XRP community. Her ability to dissect complex concepts and provide clear, insightful content has garnered her a dedicated following and earned her the respect of industry insiders and enthusiasts alike.

The #XRPGoldCoast2024 Conference is set to be a pivotal event, bringing together industry leaders, developers, programmers, and business professionals from around the world. With Crypto Eri as our Keynote Speaker, attendees can expect to gain invaluable insights into the latest developments within the XRPL ecosystem.


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Keynote Speakers

Jay Kimbo – Keynote Speaker

 

Jay Kimbo
Visit xrpgoldcoast2024.com to secure your Ticket before Early Bird Special Ends

We are super thrilled to announce our distinguished keynote speaker at #XRPGoldCoast2024 the visionary Jay Kambo, creator of the groundbreaking payment system at @Spend_The_Bits!
Prepare to be awed as Jay shares his unparalleled insights into the future of digital payments, revolutionising the industry with payment solutions.

We welcome Jay to our lineup of keynote speakers. We are confident that his insights into the future of digital payment innovation for Australian businesses will be groundbreaking. #JayKambo #spendthebits

Mark your calendars, because this event is going to be legendary! For the latest updates, make sure to follow @wave_of_innov


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Keynote Speakers

Bill Morgan – Keynote Speaker

Bill Morgan

We are thrilled to unveil Bill Morgan as our distinguished Key Speaker for the XRP Gold Coast 2024 Conference: Mr. Bill Morgan, from Morgan Mac Lawyers!

Billis not just a legal luminary; he's also an invaluable community member. He has been the guiding light for countless individuals seeking to understand the intricate legal nuances of the SEC vs. Ripple case. With his expertise and commitment, Bill has been instrumental in breaking down complex legal jargon into easily digestible information, helping the XRP community gain a comprehensive understanding of the case's details. With a career spanning over two decades and a genuine passion for educating and empowering the community, Bill is set to deliver an enlightening session that promises to be the highlight of the conference!

Don't miss this golden opportunity to gain insights into the latest legal developments in the world of XRP and blockchain technology. Mark your calendars for an event that combines legal expertise and innovation for an unparalleled experience!

Stay tuned for more details and updates as we get closer to the event.
#XRPGoldCoast2024 #Blockchain #CryptoLaw


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Keynote Speakers

Scott Chamberlain – Keynote Speaker

Scott Chamberlain

Exciting Announcement!!
Join us as we welcome to the XRP Gold Coast 2024 Conference Keynote Speaker Scott Chamberlin, the visionary founder of Evernode! @EvernodeXRPL @scotty2ten

Scott has pioneered a groundbreaking concept Evernode, which fuses the HotPocket protocol with the proposed Hooks amendment, enabling XRP Ledger Accounts to function as “lite smart contracts.” This innovation creates a global, permissionless, decentralised network of nodes, designed to run any dApp efficiently and swiftly in any language at any scale alongside the XRP Ledger.

Prepare to be enlightened as Scott shares his immense knowledge and insights into innovation and processes that can empower businesses.

Mark your calendar because this conference is destined to be legendary.
Follow @Wave_of_innov
#XRPGoldCoast2024 #Evernode


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Keynote Speakers

Sadaf Jadran – Keynote Speaker

 

Sadaf Jadran

Exciting Announcement!!
Visit xrpgoldcoast2024.com to secure your Ticket before Early Bird Special Ends! #XRPGoldCoast2024

We're honored to welcome @SadafJadran , a distinguished strategy consultant, innovator, and entrepreneur to the XRP Gold Coast event!

With a rich decade-long background in traditional finance and an unyielding focus on the latest in digital trends, she's been the guiding force behind startups from London to Silicon Valley, predominantly in the crypto and web3 arenas.

If you're looking to gain a perspective shaped by both global financial capitals and the frontier of digital innovation, Sadaf is one not to miss!


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xrpl news

Ripple’s XRP Gets a Boost: Fresh Grants for XRPL Development

XRPL Developers to Get New Grants Source

According to the announcement’s particulars, Wave Of Innovation is set to serve as a fresh funding source for developers actively engaged in XRPL-related projects. Notably, this endowment offer became effective starting from Wednesday, October 11.

It’s essential to clarify that Wave Of Innovation functions independently and maintains no connections with the RippleX development team or the San Francisco-based payment company, Ripple.

Furthermore, Bill Morgan emphasized that the selection process for grant beneficiaries will be entirely impartial. It shall rely on predetermined objective criteria set by Wave Of Innovation. Additionally, these criteria will be publicly available before the 2024 XRP Gold Coast Conference, scheduled for March of next year.

Adding to XRPL developer community’s positive prospects, Bill Morgan highlighted that even developers working on XRPL side chains will be eligible to apply for these grants. He urged developers to seize this opportunity by expressing their interest in Wave Of Innovation.

As expected, this development has generated enthusiasm within the XRP community, as it provides a robust channel to invigorate development initiatives on the XRPL and further foster the adoption of XRP.

Notably, Wave Of Innovation joins the ranks of Ripple and other entities in supporting developers within the XRP ecosystem. It’s worth remembering that Ripple previously extended a grant of $100,000 to a decentralized exchange operating on XRPL through its grant program a few months ago.

Amid the broader market sell-off, Ripple’s native crypto XRP has also come under significant selling pressure. Over the last week, the XRP price has lost 9% with its price slipping under $0.48.

However, the XRP ledger continues to see new developments taking place that keep the community optimistic regarding the future of XRP.

During this prevailing bearish trend, the well-known XRP advocate, Bill Morgan, made an announcement on the X platform that carries substantial implications for the value of XRP.

Morgan, in particular, conveyed his enthusiasm when he disclosed that “Wave Of Innovation,” a non-profit organization responsible for organizing the forthcoming 2024 XRP Gold Coast conference, has made the significant decision to offer grants to XRP Ledger (XRPL) developers. This development marks a notable step forward for the XRP community.


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xrpl news

XRP Ledger Flourishes Amid Legal Uncertainties

The XRP Ledger (XRPL) has been making significant strides in the second quarter of 2023 despite ongoing legal concerns stemming from the Ripple vs. SEC lawsuit. Once again, the XRP Ledger is in the spotlight, and there’s good news for all the XRP fans.

Bill Morgan, the attorney, has said that the XRPL’s growth and development are crucial for XRP’s success. This is a big deal because it means that the XRPL is on a good path despite some legal issues.

Regarding the 2024 XRP Gold Coast Conference, Morgan said that Wave of Innovation, a not-for-profit group, organized this event. However, he made an exciting announcement and revealed that they will give XRPL developers grants. But here’s the cool part: they are not connected to RippleXDev or Ripple. They are free to choose grant recipients based on their criteria, which they’ll share before the conference in March 2024.

XRPL has served as a decentralized payment system for over a decade, facilitating fast, secure, and eco-friendly cross-border and cross-currency transactions. Its features include native-issued currencies, a decentralized exchange (DEX), escrow capabilities, and token management.

The total number of new addresses on XRPL witnessed a remarkable 31.8% growth, surging to 138,790 compared to the same period in 2022. : Quarterly revenue experienced a substantial increase of 220.3%, reaching $188,376.


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