Express

SEC Calls Ripple's Defenses "Legally Improper" In Letter To Judge

Tracy CHEN

Summary: In a legal letter to Judge Analisa Torres of the U.S. District Court for the Southern District of New York filed on March 9, the U.S. Securities and Exchange Commission is asking the court to strike Ripple's “fair notice” defenses and deny its executives’ upcoming motions to dismiss the lawsuit.SEC attorney Jorge Tenreiro argues that ...

In a legal letter to Judge Analisa Torres of the U.S. District Court for the Southern District of New York filed on March 9, the U.S. Securities and Exchange Commission is asking the court to strike Ripple's “fair notice” defenses and deny its executives’ upcoming motions to dismiss the lawsuit.
SEC attorney Jorge Tenreiro argues that the blockchain company is attempting to “avoid liability” for its unregistered XRP offering by shifting the blame onto the agency.

Tracy Chen

Last Update:

Tags: ,
Link: SEC Calls Ripple's Defenses "Legally Improper" In Letter To Judge   [Copy]
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 18 hours ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 22 hours ago
  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 4 days ago
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 7 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 8 days ago
  • You need to login to comment.