SEC Loses Bid To Bar XRP Holders From Participating in Regulator’s Lawsuit Against Ripple

SEC Loses Bid To Bar XRP Holders From Participating in Regulator’s Lawsuit Against Ripple


U.S. District Judge Analisa Torres is allowing XRP holders to remain a part of the U.S. Securities and Exchange Commission’s ongoing legal battle with Ripple.

In a new order, Judge Torres allows XRP holders to retain their status as “amici curiae” in the SEC’s action against Ripple Labs Inc, but she denies them the opportunity to assist in evaluating the qualifications of an SEC expert.

However, she will allow XRP holders to file an application to brief their concerns regarding the SEC’s expert.

#XRPCommunity #SECGov v. #Ripple #XRP BREAKING: Judge Torres denies SEC's Motion to Revoke amici status and bar @JohnEDeaton1 from further proceedings. Amici can't participate in expert challenge now but may file application to brief concerns with SEC's expert at summary judgment

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