Ripple Files Befitting Reply to SEC’s Motion Seeking To Stop Third-party Amicus Briefs’ Filings
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Ripple hits back at SEC for asking the court to dismiss TapJet and I-Remit’s requests for filing amicus briefs, in support of the defendant. In a recently written letter to US District-Court Judge Analisa Torres, the firm has objected to US Securities and Exchange Commission’s of stopping TapJet and I-Remit from filing amicus briefs. In the letter, Ripple considered SEC’s arguments for seeking the rejection of movers’ motion as mischaracterization of not only the law but also of the briefs as well. Ripple stated that the mentioned companies that have filed the motions for briefs only let the court know
As expected, US District-Court Judge Analisa Torres has granted Ripple partners’ requests to file amicus briefs in support of the defendant’s summary judgement motion. In a November 14th order, shared by James K. Filan on Twitter, the Judge Analisa Torres has granted requests of all 16 Ripple partners and 2…
The legal dispute between Ripple and the SEC regarding XRP continues to generate interest in the cryptocurrency community. Both parties have filed their respective summary briefings and the outcome remains uncertain. Legal experts are speculating on the potential impact of the case on the cryptocurrency industry. John Deaton, founder of…