Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Alchemy Pay Unlocks Global Fiat-Crypto Access for SparkFi’s $SPK Token

27/08/2025

SharpLink Gaming approves $1.5B stock buyback to boost Ether treasury

27/08/2025

RWA Tokenization Could Reshape LATAM Markets: Bifinex Report

27/08/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    SharpLink Gaming approves $1.5B stock buyback to boost Ether treasury

    27/08/2025

    ETH’s Rally Hinges on These Crucial Support Levels: Ethereum Price Analysis

    27/08/2025

    Bitcoin ETFs Shed $1 Billion in Five Days Amid Ethereum Comeback

    27/08/2025

    ETHZilla Shares Plunge Almost 30% as Dilution Fears Overshadow $349M Ether Treasury

    27/08/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    Blue chip NFTs sink double digits as ETH retreats from record highs

    26/08/2025

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    26/08/2025

    What’s Behind the Double-Digit Declines?

    26/08/2025

    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

    24/08/2025

    Alchemy Pay Unlocks Global Fiat-Crypto Access for SparkFi’s $SPK Token

    27/08/2025

    SharpLink Gaming approves $1.5B stock buyback to boost Ether treasury

    27/08/2025

    RWA Tokenization Could Reshape LATAM Markets: Bifinex Report

    27/08/2025

    Kraken seeks regulatory clarity in SEC talks on tokenization

    27/08/2025
  • Blockchain

    Flipflop Launches 30 Projects, Introducing a Bitcoin-Inspired Launchpad on Solana

    26/08/2025

    Zoro and CDARI Ally to Trigger AI Agents for OnChain Purchases and Rewards

    26/08/2025

    Blazpay Joins Gmatrix to Redefine Web3 by Merging AI, DeFi, and Gaming

    26/08/2025

    KAJ Labs Integrates Hive MCP to Power AI Agents with Real-Time Blockchain Context

    26/08/2025

    ULTILAND Taps Fableration to Fuse AI Publishing and Cultural RWAs on Solana

    26/08/2025
  • DeFi

    Alchemy Pay Unlocks Global Fiat-Crypto Access for SparkFi’s $SPK Token

    27/08/2025

    Cap Labs attracts capital with EigenLayer-backed credit model

    26/08/2025

    Aave reaches $41.1 billion TVL record, equivalent to being the 54th largest US bank

    26/08/2025

    The Exciting Future of Decentralized Lending is Near

    26/08/2025

    Ethereum DeFi Lags Behind, Even as Ether Price Crossed Record Highs

    26/08/2025
  • Metaverse

    Meta Breaks Up AI Lab as Part of Superintelligence Push

    20/08/2025

    The Sandbox Game Maker: Unleashing Revolutionary Metaverse Experiences

    07/08/2025

    Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

    01/08/2025

    From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble

    31/07/2025

    AntVerse Integrates Terminus to Transform AI-Powered Metaverse with Web3 Payments

    25/07/2025
  • Regulation

    RWA Tokenization Could Reshape LATAM Markets: Bifinex Report

    27/08/2025

    US Policy Group Says China Is Scared of USD Stablecoins

    27/08/2025

    BlackRock Potential Selloff, TORICO Web3 Partnership: APAC Brief

    27/08/2025

    Bitcoin Standard Author Debunks Claims of an Economic Miracle in Argentina

    27/08/2025

    Here’s How Much You Would Have Today if You Invested $10 Into XRP Every Day Since 2015

    27/08/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Investment Platform Webull Brings Back Crypto Trading to U.S.

    27/08/2025

    Gemini Targets XRP Army With New Credit Card, Expands Ripple USD Use for U.S. Customers

    27/08/2025

    Football.Fun hits $100m TVL within two weeks after launch

    27/08/2025

    Is Capital.com About to Launch Physical Crypto Services?

    27/08/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Google Boosts Gemini AI Image Capabilities in Latest Salvo Against ChatGPT

    26/08/2025

    Pudgy Penguins launches “Early to the Party” Soulbound Token ahead of Pudgy Party release

    26/08/2025

    ‘Sugar Match’ Puts a Crypto Twist on ‘Candy Crush’ via Tezos Etherlink Network

    26/08/2025

    Solana-based Jakpot Games launches pay-to-play arcade

    26/08/2025

    Unveiling Massive US Expansion & 10K BTC Holdings

    27/08/2025

    Bitcoin Miner Hut 8 Surges 10% on 1.5GW Expansion Plans

    27/08/2025

    Modular Bitcoin Miner Challenging Bitmain’s Dominance

    27/08/2025

    Bitcoin Hashrate Hits New Peak as BTC Price Struggles

    27/08/2025

    Kraken seeks regulatory clarity in SEC talks on tokenization

    27/08/2025

    Hong Kong Urged to Become Global Hub for Stablecoin Issuance

    27/08/2025

    Trump removes Fed Governor Lisa Cook in power move on central bank

    27/08/2025

    GENIUS, CLARITY, and Anti-CBDC Acts Set for September Senate Vote

    27/08/2025

    Alchemy Pay Unlocks Global Fiat-Crypto Access for SparkFi’s $SPK Token

    27/08/2025

    SharpLink Gaming approves $1.5B stock buyback to boost Ether treasury

    27/08/2025

    RWA Tokenization Could Reshape LATAM Markets: Bifinex Report

    27/08/2025

    Kraken seeks regulatory clarity in SEC talks on tokenization

    27/08/2025
  • MarketCap
NBTC News
Home»Legal»Ripple Files New Motion Asking Court to Exclude SEC Expert Witness Report
Legal

Ripple Files New Motion Asking Court to Exclude SEC Expert Witness Report

NBTCBy NBTC25/04/2024No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


According to Ripple, the SEC failed to disclose the expert’s identity and opinions during the discovery phase of the remedies litigation.

Ripple has filed a new motion in its case against the SEC, asking Magistrate Sarah Netburn to exclude the new expert materials the plaintiff submitted in support of its opening remedies brief and final judgment entry.

SEC Failed to Submit Fox Declaration During Discovery

The crypto payments company recounted how the SEC deposed its supplemental expert report on disgorgement during the discovery phase of the remedies litigation.

However, during this phase, the SEC did not tender a declaration from one of its expert witnesses, Andrea Fox, an assistant chief accountant of the agency’s enforcement division.

For context, Fox’s declaration includes an accounting analysis regarding the remedies aspect of the lawsuit, which the court mandated the SEC to reveal during discovery.

Nonetheless, the SEC waited until the filing of its opening remedies-related brief to submit the expert report. Notably, the late submission potentially limited Ripple’s ability to respond and counter the arguments within the discovery period.

An Expert or Summary Witness?

According to Ripple, the SEC stated that Fox was neither an expert nor a fact witness. Instead, the regulatory agency referred to Fox as a summary witness. Consequently, Ripple contends that summary witnesses, like Fox, are not entitled to offer new information.

Interestingly, Ripple argued that the SEC’s reference to Fox as a summary witness instead of an expert witness was only a ploy by the agency not to disclose her identity and opinions before the close of discovery.

Ripple contended that Fox qualifies as an expert witness because she did not merely summarize evidence but conducted an in-depth accounting analysis that exceeds the scope of the materials upon which they are founded.

“That makes her an expert witness, not a summary witness,” Ripple remarked.

Parties Propose New Schedule

During the conference before the motion, the SEC opposed Ripple’s request to exclude Fox’s report. As a result, the parties proposed that the court grant the SEC five business days to officially file an opposition.

The parties also agreed that Ripple be given three business days afterward to reply.

The latest filing comes before Ripple’s opposition to the SEC’s opening remedies brief. As reported earlier, Ripple proposed that the court should not impose a civil penalty of more than $10 million, in contrast to the SEC’s request of $876.3 million.

Additionally, Ripple contended that the SEC failed to show why the court should impose a sanction and disgorgement. It is noteworthy that pro-XRP lawyer James K. Filan shared both filings today.

#XRPCommunity #SECGov v. #Ripple #XRP @Ripple has filed a Motion to Strike new expert materials the SEC submitted in support of its Motion for Remedies and Entry of Final Judgment.https://t.co/k8M84DxDiz

— James K. Filan 🇺🇸🇮🇪 (@FilanLaw) April 22, 2024

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Kraken seeks regulatory clarity in SEC talks on tokenization

27/08/2025

Hong Kong Urged to Become Global Hub for Stablecoin Issuance

27/08/2025

Trump removes Fed Governor Lisa Cook in power move on central bank

27/08/2025

GENIUS, CLARITY, and Anti-CBDC Acts Set for September Senate Vote

27/08/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Alchemy Pay Unlocks Global Fiat-Crypto Access for SparkFi’s $SPK Token

27/08/2025

SharpLink Gaming approves $1.5B stock buyback to boost Ether treasury

27/08/2025

RWA Tokenization Could Reshape LATAM Markets: Bifinex Report

27/08/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.