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XRP soars >15% as Ripple wins the “Fair Notice Defense, but what’s next
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The San Francisco-based payments company has long argued that the SEC didn’t give adequate notice of considering XRP to be a security. In fact, Brad Garlinghouse, CEO at Ripple hadreiterated the same in a 19 February tweet. Nonetheless, sensing a possible victory, defendant had clamped down on the SEC with different significant strikes.
Ripple Labs (Defendant) struck yet again as the judge, Analisa Torresdenied the SEC’s motion to strike Ripple from using a “Fair Notice Defense.” James K. Filan, a famed attorney who closely follows the lawsuit updates tweeted this on 12 March.
<p lang=«en» dir=«ltr» xml:lang=«en»>#XRPCommunity #SECGov v #Ripple #XRP Breaking. Motion to Strike Fair Notice Defense Denied. https://t.co/kB0VffhChf— James K. Filan
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