Cryptocurrency

Ripple v. SEC: Plaintiff wants to protect the ‘Expert’ at all cost regardless of…

Ripple v. SEC: Plaintiff wants to protect the ‘Expert’ at all cost regardless of… #Ripple #SEC #Plaintiff #protect #Expert #cost Welcome to JibGlobe, here is the new resources we have for you today:

Ripple continues to see new developments every week with the ongoing lawsuit between the SEC and the fintech firm. Curiously, the Amici motion has become another favorite of the SEC. In fact, the SEC v. Ripple case has made XRP holders suffer losses for a long time now.

Protect the “expert”

Plaintiff, on 18 June, objected to the Ripple Defendants’ Motion, highlighting ‘Exhibit.’ An excerpt of the expert’s deposition transcript- as a ‘judicial document.’ Likewise, provided reasons to counter Exhibit O in connection with amici’s request to participate in the SEC expert challenge.

The SEC filed, under seal, its proposed redactions to the Ripple Defendants’ response to the SEC’s opposition. Again, it involved the amici motion to participate in the expert challenge. The SEC publicly filed a letter explaining its proposed redactions as showcased by James Filan, a famed attorney.

#XRPCommunity #SECGov v. #Ripple #XRP The SEC filed, under seal, its proposed redactions to the Ripple Defendants’ response to the SEC’s opposition to the amici motion to participate in the expert challenge. The SEC also publicly filed a letter explaining its proposed redactions. pic.twitter.com/w0OhPH7ysK

— James K. Filan 🇺🇸🇮🇪103k+ (beware of imposters) (@FilanLaw) June 23, 2022

This move comes on the heels of testimony from an expert SEC witness – Patrick B. Doody – who reported on what information ‘reasonable’ XRP holders relied on while buying the token. To protect the expert, the SEC asserted,

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