Consensys executives: Expect a ruling on the company's lawsuit against the SEC around December

A federal judge approved a timetable for the court to consider Consensys’ lawsuit against the SEC and its commissioners. In a July 1 filing with the U.S. District Court for the Northern District of Texas, Judge Reed O’Connor set deadlines for SEC and Consensys lawyers to file opening statements and opposing briefs by September and November, respectively. In addition, the judge gave the SEC a 28-day grace period to respond to the lawsuit. According to the timetable, all five SEC commissioners and regulators must file responses by July 29 and pleadings by November 26. Bill Hughes, senior counsel and director of global regulatory affairs at Consensys, posted on social media on July 2 that he expects the case to be decided around December. (CryptoSlate)