News

Court Denies Ripple’s This Motion; Now SEC Wants To Exclude 10 Testimony

Ripple will also be allowed to file an opposition within the same page limit. The SEC has also agreed to this request.
Published by
Court Denies Ripple’s This Motion; Now SEC Wants To Exclude 10 Testimony

In order to strengthen its legal team in the crucial lawsuit against SEC, Ripple filed a motion to include two newly hired lawyers. However, the court has denied the defendant’s request for admission.

Advertisement

Court rejects admission of 2 new Ripple lawyers

Attorney James Filan took to Twitter to inform that Motions for Admission was denied over the failure to comply with the local rules. He mentioned that the affidavits were not notarized. Meanwhile, Filan later highlighted that the amended Motions for Admission Pro Hac Vice have now been filed with the notarized affidavits.

The new advocates joining the Ripple team are from Kellogg Hansen. This is termed as a huge move by the defendants as the long running lawsuit is now moving towards the summary judgment process.

Attorney Jeremy Hogan highlighted that the new addition will power the team to do some extra research before getting into the crucial proceedings. However, he also mentioned that a major ruling on the Hinman emails will be coming by this week.

Advertisement

SEC files omnibus motion

Meanwhile, the commission has filed a letter seeking to leave to file one omnibus motion to exclude or limit expert testimony. It added that the Defendants do not object to this motion. Ripple will also be allowed to file an opposition within the same page limit. The SEC has also agreed to this request.

The letter mentions that the SEC intends to exclude the testimony of 10 experts. These experts were retained by Ripple Labs and individual Defendants in the case. Reports issues by the experts include initial and rebuttal reports regarding subject matters concerning this case.

In order to conserve judicial and SEC resources, the authority proposed to file the omnibus motion.

On the market side, the XRP token prices have registered a jump of just 5% in the last 7 days. It is trading at an average price of $0.330, at the press time.

Advertisement
Share
Ashish Kumar

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at ashish@coingape.com

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • News

Pi Network Dedicates 350,000 Active Nodes for AI With OpenMind Partnership

In the latest development, the Pi Network Ventures announced its investment in artificial intelligence (AI)…

October 30, 2025
  • News

Breaking: Trump Cuts Tariffs as US-China Reaches 1-Year Trade Deal, Bitcoin Rebounds

US President Donald Trump reduced tariffs on China after a meeting with President Xi Jinping,…

October 30, 2025
  • News

Binance Responds to Charges of Supporting Trump-Family Crypto USD1 and WLFI Soon After CZ Pardon

US lawmakers have started accusing crypto exchange Binance of supporting Trump family projects like World…

October 30, 2025
  • Bitcoin News

SpaceX Makes Third Huge Bitcoin Transfer in 10 Days, Is Elon Musk Planning Something Big?

Elon Musk’s space exploration company, SpaceX, moved another 281 Bitcoin on Thursday, according to blockchain…

October 30, 2025
  • News

Crypto Market Tumbles as Jerome Powell Says December Rate Cut ‘Far From Certain’

The crypto market turned sharply lower on Tuesday after Federal Reserve Chair Jerome Powell said…

October 30, 2025
  • News

FOMC Meeting: Federal Reserve Lowers Interest Rates by 25 Bps in Second Cut of the Year

The U.S. Federal Reserve has announced it has lowered the interest rate by another 25…

October 29, 2025