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Ripple Files New Motions Challenging SEC’s Last-Minute Expert Testimony

12d ago
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Ripple Files for Remedies Opposition, Accuses the SEC of Intimidation
  • Ripple challenges SEC’s last-minute expert testimony, alleging procedural violations.
  • Ripple’s legal team accused the SEC of “sandbagging,” a practice prohibited by Federal Rule of Civil Procedure.
  • Ripple urged the court to strike the Fox Declaration and any mentions of it in the SEC’s remedies motion.

Ripple has filed a motion to strike the new expert materials submitted by the U.S. Securities and Exchange Commission (SEC) in support of its motion for remedies and entry of final judgment. Prominent defense lawyer James Filan called attention to this latest SEC vs. Ripple drama in a recent post on X.

Notably, Ripple filed the motion with Judge Sarah Netburn of the U.S. Magistrate Court of the Southern District of New York. The crux of Ripple’s argument lies in the timing and nature of the SEC’s submissions. 

Ripple contended that the SEC’s recent filings, featuring the declaration of Andrea Fox, an a…

The post Ripple Files New Motions Challenging SEC’s Last-Minute Expert Testimony appeared first on Coin Edition.

12d ago
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0

bearish:

0

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