The court intends to arrange a jury trial in the Southern District of New York in Q2 of the upcoming year to determine the liability of Ripple CEO Brad Garlinghouse and Chris Larsen in the alleged unlawful sale of XRP securities.

The U.S. SEC announced its intention on Wednesday to contest and appeal a portion of the Ripple Labs case. The SEC referenced the recent Terraform Labs case as a counterargument. #CryptoLegalBattle #RippleSECCase