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Ripple is far from stuck in the XRP lawsuit. The blockchain firm has announced partnerships in CBDCs and payments, its digital asset continues to be listed on high-profile exchanges, and the lawsuit is rippling through.

The defendants claimed such demand would likely take months to complete and come at a very significant cost. The SEC replied that the time-consuming process “should present no issue in this case” since there is “no realistic prospect that the parties will fully resolve this case for several months, if not longer”.