NewsletterBreaking: US SEC Attorneys Richard Best And Robert Moye Withdraw From XRP Lawsuit
The week is turning out to be busy for Judge Analisa Torres and court officials as multiple attorneys move in and out for defendants Ripple Labs, Ripple executives, and the plaintiff U.S. Securities and Exchange Commission (SEC). Three attorneys for the SEC withdrew from the lawsuit as the judge scheduled a trial for the remaining arguments in the case.
Three Attorneys For US SEC Withdraw from XRP Lawsuit
CoinGape Media earlier reported that the US SEC filed a motion for the withdrawal of its attorney Pascale Guerrier from the SEC v. Ripple lawsuit. Judge Analisa Torres has granted the motion for Pascale Guerrier to withdraw as attorney for the SEC, as per a court filing.
According to the latest filings with the court, two more attorneys for the SEC have filed separate motions to withdraw from the lawsuit. The Securities and Exchange Commission informed the court about the withdrawals of attorneys Richard Best and Robert MacDonald Moye from the lawsuit.
Richard Best is on extended medical leave and no longer participates in the US SEC v. Ripple lawsuit. Judge Torres approved Best’s removal from the lawsuit. However, the judge has yet to grant the motion for the withdrawal of Robert MacDonald Moye.
Meanwhile, Judge Torres signed orders approving attorney Michael A. Schulman for Brad Garlinghouse, as well as Marc J. Jones and Peter Bryan Moores for the US SEC.
Ripple Vs SEC Trial Set For April 2024
The Ripple vs SEC trial is likely to happen between April 22-26, 2024, or else April end, as both parties informed Judge Torres about their unavailability during the second quarter of 2024.
Ripple CEO Brand Garlinghouse and executive chairman Chris Larsen have informed Judge Analisa Torres about their unavailability for trial from April 1 to April 14, 2024. Interestingly, Ripple executives have announced dates that coincide with Bitcoin halving.
XRP price currently jumped 3% in the last 24 hours, with the price currently trading at $0.52. The 24-hour low and high are $0.516 and $0.534, respectively.
Also Read:
- XRP Lawsuit: Ripple Vs US SEC Trial No Earlier Than This Date, XRP Price Rebounds
- Terra Luna Classic Validator To Fund USTC Repeg Team As Community Rejects Proposal
- Bitcoin Whales Back in Action, Did Robinhood Buy $3B Worth of BTC?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal 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.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Why Are Top Altcoins ADA, SOL, and ETH Down Today?
- Visa Begins Pilot Program For Direct USDC Payments For U.S. Businesses
- U.S. Government Shutdown Set to End as House Panel Approves Senate Funding Deal
- Analysts Eye FUNToken’s Giveaway as the Push It Needed to Break Out
- Ripple News: Evernorth Holdings Linked XRP Coins on Move, What’s Happening?
- Chainlink Price Targets $20 After Bitwise ETF Gets DTCC Approval
- Ethereum Price Outlook as Whales and Institutions Boost Holdings — Can ETH Reclaim $4K Before Year-End?
- Can Dogecoin Price Hold Above $0.17 Amid Weekly Surge?
- Chainlink Price Could Crash as 3 Risky Patterns Form Amid Whale Selling
- Cardano Price Could Reclaim $0.7 After Key Stakeholders Add $204M in ADA
- Uniswap Price Soars 21% on Fee Switch and Token Burn Proposal— Eyes $15 Target
