U.S. Securities and Exchange Commission (SEC), Ripple and defendants and the whole crypto community are waiting for the summary judgment in the XRP lawsuit....
U.S Securities and Exchange Commission (SEC) vs Ripple lawsuit has been dragging for a long period. This time, Individual Defendants, Ripple’s Brad Garlinghouse (CEO) and Chris Larsen (co-founder) have filed a motion in the court seeking extension until April 8. As per the notice, they need additional time to file their answers to the SEC’s
Ripple has notched another victory in the XRP Vs SEC case. Presiding Judge Analisa Torres has denied the SEC’s motion to strike out Ripple’s fair notice defense. Ripple can now argue it did not have fair notice The motion filed by the SEC sought to restrain Ripple from arguing that the commission failed to warn
The SEC vs Ripple lawsuit has come a long way and has been increasing curiosity among crypto enthusiasts since then. As the case proceeds, people have been guessing all sorts of consequences, be it a settlement among two parties or a win for one. One thing is for sure that the result of this case
