Ripple files final submission against SEC as landmark case nears end

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Stuart Alderoty, General Counsel of Ripple said they were proud of the defense it has mounted on “behalf of the entire crypto industry.'

The most talked about crypto lawsuit involving the United States Securities and Exchange Commission and Ripple is approaching its conclusion after a two-year-long battle.

Ripple concluded the document by stating that “the court should grant Defendant’s Motion and should deny the SEC’s Motion.” He also stated that Ripple is proud of the defense it has mounted on “behalf of the entire crypto industry,” noting that Ripple has “always played it straight with the court,’ taking a subtle swing at the SEC saying he “can’t say the same for our adversary.”

 

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I seen this show before! The longer it's dragged out in court. The more it's shows security lol.. shit:(

It’s the final countdown 🎶

The ongoing legal dispute between SEC and Ripple began in December 2020 when the SEC initiated legal action against Ripple, claiming it had raised $1.3 billion by offering Ripple’s native cryptocurrency XRP as unregistered securities.

2 years? I remember the fisrt notice, this law suit ruin the $XRP carrer.

I would not be proud of such protection, there is much better protection

I can't wait 🙏

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