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Jake Chervinsky
The XRP securities class action plaintiff filed an opposition to Ripple's motion to dismiss yesterday. Ripple's reply is due on December 4. Oral argument will be held on January 15. The court can take as long as it wants to rule. Read the filing here:
A response to Ripple's September motion to dismiss an XRP-holders lawsuit.
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Lost in Crypto Space Nov 5
Replying to @jchervinsky
I assume to rule on the motion to dismiss or not only
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Jake Chervinsky Nov 5
Replying to @MissedATH
Correct.
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edilson1492 Nov 5
Replying to @jchervinsky
I'm a bit perplexed about the last page Jake, is that a proposal by the plaintiff for the judge to sign (to deny the motion) or is it actually an order by the judge?
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Jake Chervinsky Nov 5
Replying to @edilson1492
It's a "proposed" order that the plaintiff is asking the judge to sign, not an actual order issued by the judge. Court rules often require the parties to submit proposed orders, but federal judges basically never sign them for substantive motions like this. You can ignore it.
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Brad Garlinghouse and 48 others (Not really Brad) Nov 5
Replying to @jchervinsky @xrptipbot
+ 0.0589
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Crypto Steve Nov 5
Replying to @jchervinsky
Thanks for using your expertise to keep the community informed .
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W̾Z̾R̾D̾ ̾o̾f̾ ̾O̾Z̾ 🧙‍♂️🍁 Nov 5
Replying to @jchervinsky
thanks 👍
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edilson1492 Nov 5
Replying to @jchervinsky
Motion to dismiss is denied!
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XRP2THEMOON Nov 5
Replying to @jchervinsky
What happens if the price of XRP increases and exceeds the plaintiffs buy in price? At that point the plaintiff wouldn't have lost money. Could this lawsuit be thrown out at that point?
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CTS vVv Nov 5
Ripple the company is NOT XRP ! Ripple has time to handle this ... But ODL is ALIVE and KICKING ! 😎🛩️✈️🚀
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