XRP Pro Lawyer Speaks Out, This Is the Latest Summary Judgment Date!

<p>&nbsp;"Can you believe this date? Then suddenly next year."</p><p><br /></p><p>There is no denying that the Summary Judgment for the long-running case between Ripple (XRP) and the Securities and Exchange Commission (SEC) of the United States (US) is one of the decisions that can resolve the great confusion in the cryptocurrency market.</p><p><br /></p><p>According to Attorney Fred Rispoli, XRP supporters have predicted a deadline for the lawsuit, where Judge Analisa Torres will deliver the much-awaited Summary Judgment.</p><p><br /></p><p>Rispoli also said Motion* for Summary Judgment was announced in an average time of 249 days, however 60% of decisions came between 146 and 330 days.</p><p><br /></p><p>*A written request or proposal to the court to obtain the requested order, decision, or direction</p><p><br /></p><p><br /></p><p>So here it can be seen that the decision will come around May 21, 2023, 249 days from September 17, 2022 which is the filing date of the initial motion for Summary Judgment, but Rispoli suggests that the decision may be scheduled for August 10, 2023.</p><p><br /></p><p>Since the court released the Hinman Speech documents, speculation regarding the Summary Judgment has been increasing as SEC director Hinman was found to be trying to create new regulations for cryptocurrencies.</p><p><br /></p><p>While XRP lawyer John Deaton is of the view that Summary Judgment will become increasingly important among the digital asset community amid the aggressive actions imposed by US regulators on the crypto market.</p><p><br /></p><p>As such, Deaton strongly hopes the ruling will favor XRP as it can help other digital assets fight the SEC's legal battle.</p><p><br /></p><p>As of this writing, XRP price has jumped by 0.23% at $0.48 in the last 24 hours with a market cap of $25 billion but is still down around 0.53% over the last week.</p>