Coinbase and Crypto Advocacy Group Support Ripple in XRP Lawsuit With SEC by Asking To File Amicus Briefs

Yet another two parties are attempting to weigh in on the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple. Top crypto exchange Coinbase and the crypto lobbying group the Blockchain Association are both seeking the court’s permission to file legal documents known as amicus briefs in the Ripple case, according to files shared by digital asset legal website CryptoLaw. Coinbase is specifically seeking to back up Ripple’s fair-notice defense, in which the San Francisco payments firm argues that the regulator failed to provide “fair notice” that it was violating the law. Explain the exchange’s lawyers, “Coinbase has formally petitioned