Claim BonusXRP Lawsuit: Court Grants Ripple Lawyer’s Motion To Withdraw, What Next?
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.
Also Read: Binance Delists Terra Classic (LUNC) Perpetual Futures Contract, Selloff Coming?
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).
Also Read: Cricket Legend AB de Villiers Reveals How He Got His NFTs Stolen
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.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Bitget’s Tokenized Stock Platform Hits $18B as Traditional Assets Move On-Chain
- XRP News: RLUSD Gets Institutional Adoption Boost as Ripple Invests $150M in LMAX Group
- Gemini Card Review 2026 – Best Suited To Earn Rewards In Crypto
- Breaking: CME To Launch Cardano, Chainlink, and XLM Futures Amid Plans For 24/7 Crypto Trading
- Breaking: U.S. Jobless Claims Signal Labor Market Rebound as Fed Set to Hold Rates at January FOMC
- Here’s Why Ethereum Price Will Hit $4k By End of Jan 2026
- Solana Price Outlook Ahead of the Alpenglow Upgrade
- Bitcoin and XRP Price Prediction As US Senate Cancels Crypto Market Structure Bill Markup
- Dogecoin Price Poised to Hit $0.18 After Bullish Inverse Head and Shoulders Breakout
- Bitcoin Price Forecast: How the Supreme Court Tariff Decision Could Affect BTC Price
- Ethereum Price Prediction as Network Activity Hits ATH Ahead of CLARITY Markup
