Court Grants Ripple Lawyer’s Motion To Withdraw

Crypto Market News: The Southern District Court of New York on Thursday granted Attorney Kylie Chiseul Kim’s motion to withdraw as counsel for Ripple Labs. Earlier, CoinGape reported that Ripple could be at loss with the dropping out of the attorney from the case. In a latest, defense lawyer James Filan informed that Kim’s motion has been granted. Meanwhile, the wait for Summary Judgement in the SEC lawsuit continues whereas the Hinman speech documents are set for release by June 13, 2023.

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No significant reason has been cited for the attorney’s withdrawal. The motion for withdrawal said no delay or prejudice to any party will result from the withdrawal.

Motion To Withdraw Granted For Ripple Lawyer

On May 24, 2023, attorney Kylie Chiseul Kim moved the Southern District Court of New York to withdraw as counsel to Ripple Labs. Responding to the motion, the court had on Thursday granted the withdrawal request. This means Kellogg, Hansen, Todd, Figel & Frederick, P.L.L.C., and Debevoise & Plimpton LLP will keep acting as counsel for Ripple in the lawsuit against the U.S. Securities and Exchange Commission (SEC).

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Anvesh reports major crypto updates around regulation, lawsuits and trading trends. Published around 1,000 articles and counting on crypto and web 3.0. He is currently based in Hyderabad, India. Reach out to him at [email protected] or twitter.com/BitcoinReddy

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