In the latest update to the Ripple lawsuit, the defendants have filed their Response opposing SEC’s Motion to seal certain documents filed in connection with the parties’ Cross-Motions for Summary Judgment. Likewise, former federal prosecutor and U.S. attorney James K. Filan tweeted that Ripple’s legal team had reacted to the regulator’s most recent move to […]
James K. Filan
Ripple Attorney Breaks Down SEC’s Intepretation Of XRP
Ripple advocate James K. Filan has briefly summarized the SEC’s argument in his opinion. According to him, although the regulator does not explicitly state that XRP is a security, its major line of defense is that any purchase of the token is, in actuality, an investment with other XRP holders and with Ripple. While XRP […]