XRP Lawsuit: Ripple Executives Might Escape Trials But Fair Notice Cannot

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.
Ripple Exec Holds Upper Hand In XRP Lawsuit
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.
Also Read: XRP Lawyer Bets On Bitcoin As Bank Contagion Spreads; Here’s Why
However, he added that according to his prediction, the Court will give a ruling in the Ripple executives’ favor. The judge will rule that no reasonable jury could end up saying that the defendant was reckless in not knowing that XRP was a security when the SEC itself doesn’t. Read More XRP Lawsuit News Here…
XRP Lawyer further claimed that the court can grant the Two executives Summary Judgment but somehow jury might decide fair notice. However, he believes that this can happen when the judge concludes that there is no reasonable jury that could find out against Ripple.
XRP Lawyer Looks To Build Union Against US SEC Enforcement| Read Here
- VanEck Registers Lido Staked Ethereum Trust in Delaware, LDO Up 7%
- Fed’s Lorie Logan Urges Caution on Further Rate Cuts Citing Inflation Risks
- Nasdaq-Listed Fitell Adds Pump.fun’s PUMP To Supplement Solana Treasury
- FG Nexus to Tokenize Stock on Ethereum as SEC Weighs 24/7 Onchain Stock Trading
- Bitcoin Still Undervalued, JPMorgan Forecasts Rally to $165,000
- Pi Network Price at Risk of Another Crash as Mysterious Whale Stops Buying
- Solana Price Eyes $360 After Bullish Retest As VisionSys AI Deploys $2B Treasury Strategy
- Cardano Price Forecast As Hashdex Listing Fuels Optimism For $1.27 Breakout
- BONK Price Rally Ahead? Open Interest Jumps as TD Buy Signal Flashes
- Shiba Inu Price to Surge as Whales Buy and Team Commits to Shibarium Growth
- XRP Price Prediction After Ripple CTO David Schwartz Resigns