Ripple is gaining immense support in its ongoing Ripple vs SEC case as many individuals and organizations have come forward to file an amicus brief in support of Ripple. The recent updates claim that a blockchain company, Reaper Financial, LLC has filed an appeal at the court to give an amicus brief supporting Ripple. This blockchain company has issued its native token, RPR on XRP ledger and also it burns other company’s coins on the crypto market.
As per the document filed, Reaper Financial makes note that the firm is not directly connected with Ripple. As per the firm, it aims to buy other company’s digital coins and destroy them by transferring them to inactive wallets so that the circulating supply is reduced.
Source: https://coinpedia.org/crypto-live-news/another-blockchain-company-files-an-appeal-to-submit-amicus-brief-to-support-ripple/