Ripple Takes Lead as the Court Grants All the Amicus Briefs’ Requests.
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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 SEC supporters to file amicus briefs. The list of entities includes Coinbase, Blockchain Association, Deaton, CCI, I-Remit, TapJets, I-Can, Chamber of Digital Commerce, Spend-the-Bits, Valhil Capital, VeriDao, Cryptilian Payment System, New Sports Economy Institute, Accredify, Reaper Financial, and Paradigm Operations.Among the list New Sports Economy Institute and Accredify are Ripple
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…
Better Markets, a non-profit advocating for financial reform, has filed an Amicus brief supporting the U.S. Securities and Exchange Commission (SEC) in its ongoing legal battle with Ripple Labs. The organization argues that a prior decision by the District Court for the Southern District of New York undermines investor protections.…