Amici status update: SEC’s latest filing aims at XRP holders and…
The ever-lasting litigation between the U.S. regulator (SEC) and the San Francisco-based fintech firm, Ripple, continues to see new developments. It seems, for a while, the theme of this lawsuit became granting the amici status (or not).
The defendant had filed a letter about the amici request to participate in the expert challenge. Ripple’s letter opposed the SEC’s motive to throw out amici/XRP holders of the case entirely but the plaintiff remains firm about the said position.
In the latest filing, Plaintiff, in a heavily redacted letter to Judge Analisa Torres requested to revoke the Amici status granted to the opposition. Also, to prevent further participation of the XRP holders’ representative, John Deaton in the case.
James Filan, a famed attorney shared this development in a 20 July tweet.
<p lang=«en» dir=«ltr» xml:lang=«en»>#XRPCommunity #SECGov v. #Ripple #XRP BREAKING: The SEC, in a heavily redacted letter alleging threats against an expert, asks Judge Torres to revoke amici status granted to XRP Holders and to bar @JohnEDeaton1 from any further participation in the case.https://t.co/a3xVJyCs99— James K. Filan
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