>>20102621https://x.com/FilanLaw/status/1782533529282269502So the SEC is trying to cheat and sneak in expert witness testimony, over a month past the deadline for such testimony,
by disguising the testimony as summary testimony.
Ripple specifically asked the judge to not reopen expert witness discovery, in order to give Ripple time to rebuttal the SEC's expert witness,
and instead basically throw out all of the SEC's expert witness' testimony,
since it is well outside the deadline.
The SEC are such fucking slimeballs.
Their real goal here is to get the judge to reopen the discovery process, and further push back the end of the trial.
I read over the whole 6 page document, and I thought that Ripple did a good job of showing why the judge shouldn't allow the testimony, nor re-open discovery.
They cited relevant case law to back up their claims.
I hope Judge Torres doesn't reopen the discovery process.
No more fucking delays!
What did surprise me, is that nowhere in the 6 page document does Ripple ever address the amount of the SEC's requested fine.
The SEC in their last court filing, said they want Ripple to pay $2 billion in fines to the SEC.
Ripple attacks the reasoning behind that assessment, but strangely enough, they never offer a counterproposal for the suggested fine amount.
I was expecting Ripple to propose some kind of counteroffer number.
Like "we're prepared to pay a fine of $50 million, and no more.
Then the SEC would say that's preposterous, and lower their suggested fine to $1 billion.
And then they haggle back and forth.
It seems like Ripple is putting the full responsibility for deciding the fine amount on judge Torres, and they aren't engaging in haggling.
Which makes a settlement extremely unlikely.
