SEC’s Final Brief Targets Ripple (XRP): Key Insights for Crypto Enthusiasts

SEC’s Final Brief Targets Ripple (XRP): Key Insights for Crypto Enthusiasts

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  • The Securities and Exchange Commission (SEC) has submitted its remedies reply brief in its ongoing legal battle with Ripple Labs, marking a pivotal moment in the litigation.
  • The SEC’s brief advocates for a permanent injunction restricting Ripple’s future sales of XRP, particularly to its On-Demand Liquidity (ODL) customers.
  • Ripple’s Chief Legal Officer, Stuart Alderoty, has criticized the SEC’s approach, expressing trust in the Court’s fair approach to the remedies phase.

The SEC has submitted its final brief in the Ripple lawsuit, advocating for a permanent injunction on Ripple’s XRP sales. Ripple’s Chief Legal Officer criticizes the SEC’s approach, expressing optimism for a fair Court decision.

SEC Files Final Brief As Decision Day Looms For Ripple

The SEC has submitted its remedies reply brief in its ongoing legal battle with Ripple Labs. This filing is the final brief before ... Read the full article for FREE at COINOTAG!

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