XRP Lawsuit News: Defendants Ripple labs Inc, Brad Garlinghouse, and Chris Larsen submitted their notice of supplemental authority which they claim is relevant to their opposition to the US SEC’s Motion for Summary Judgement. The new filling in the long running legal tussle is one of the last attempts utilized by defendants to avert the trials.
Attorney John Deaton, Amicus Curiae in the XRP lawsuit mentioning the latest fillings stated he hopes that Judge Torres was already aware of Judge Wiles’s rulings in the U.S. Bankruptcy Court related to the Voyager. Ripple and the defendants are offering a ruling in further support of its fair notice defense. Coincidently, Ripple and Voyager’s case is filed in the same district.
As per the XRP Lawyer, if Judge Torres is still working on the draft for summary judgment and she criticizes the commission’s approach toward digital assets then she can use the Voyager verdict. This will add to her corroborative evidence for criticism.
The post XRP Lawsuit: Ripple Executives Might Escape Trials But Fair Notice Cannot appeared first on CoinGape.
Source: https://coingape.com/xrp-lawsuit-ripple-executives-might-escape-trials-but-fair-notice-cannot/