Ripple’s ongoing court case, in which the U.S. Securities and Exchange Commission (SEC) claims that Ripple sold XRP as illegal securities, might be nearing to a verdict.
Court documents showed this week that Judge Analisa Torres has give Ripple permission to respond to the SEC’s Memorandum of Law in support of the Motion to Strike fair notice defense.
And that is not all the good news. The Judge also ordered the unsealing of three documents concerning the SEC vs. Ripple case. This includes an email thread and deposition notice of Ripple’s CEO Brad Garlinghouse’s and founder Chris Larsen’s email string.
JUST ADDED to our Documents Library:
Order by Judge Torres Granting in Part, and Denying in Part, Motions by Defendants @Ripple @bgarlinghouse @chrislarsensf to seal some exhibits to previous motions, and more (1/3)
https://t.co/zubKVutRzE
— CryptoLaw (@CryptoLawUS) February 3, 2022
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Jeremy Hogan, partner at law firm Hogan & Hogan and a close follower of the lawsuit, believes the SEC vs. Ripple case is coming close to an end.
It’s good because we are moving into the second phase of the case where “things” are going to happen.
— Jeremy Hogan (@attorneyjeremy1) February 3, 2022
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XRP has had an exceptional week with the developments in the case fueling an almost 25% surge this week. Ripple’s token is trading hands at $0.8259 at time of writing according to CoinMarketCap.
The post Ripple’s Court Case Could Soon See an End As Judge Allows ‘Fair Notice Defense’ appeared first on iGaming.org.
Source: Igaming
