US Court Announces Pretrial Conference Date Between SEC and Ripple
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The New York Southern District Court has announced the date for pretrial conference in the US Securities and Exchange Commission (SEC) v. Ripple case.

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According to the court order, the parties will meet at 10:00 am on February 22, 2021, via conference telephone call before Judge Analisa Torres. This will be the first time the SEC and Ripple will describe the case in the court in the factual and legal bases.

Coinbase Suspends XRP Trading

On December 23, the SEC submitted a lawsuit against Ripple, in which it accused the company of unregistered offering of securities. The SEC says Ripple undertook distribution of the XRP tokens without registering offers and sales of XRP with the SEC.

Ripple says the SEC's submission of a lawsuit against Ripple is an attack on the "entire crypto industry" in the US. The company highlights there has always been a "dangerous lack of regulatory clarity" for the market in the US.

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