SEC vs. Ripple: Is the regulator moving to strike every single witness in the lawsuit?
The lawsuit between the American regulators (SEC) and the San Francisco-based fintech firm Ripple continues to see new developments. This time the topic of discussion is Amici Curiae, which John E. Deaton filed for. He further asked the U.S District Judge Analisa Torres to consider the views of XRP holders.
Since then, both sides took turns representing their respective views.
A week ago, the Defendant filed a motion to oppose the SEC’s effort to seal its response to the amici. The formerargued that the SEC’s position is “antithetical to the right of the public to have access to substantive legal arguments in a case of widespread interest.”
But it’s not over yet as the Plaintiff, on 7 July filed a response to counter this narrative.
<p lang=«en» dir=«ltr» xml:lang=«en»>#XRPCommunity #SECGov v. #Ripple #XRP The SEC has sought permission to file one omnibus (big) motion to exclude or limit expert testimony, up to 120 pages long. Ripple Defendants do not object provided that they be allowed the same page limit for their response in opposition. pic.twitter.com/haa4Mr7XU1— James K. Filan
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