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Judge Torres Gives Green Signal to Ripple Allies To File Briefs

Judge Analisa Torres has granted all Ripple allies motions to file amici briefs.Crypto Law founder, John Deaton shared on Twitter that he will be filing the briefs.Over 13...
Judge Torres Gives Green Signal to Ripple Allies To File Briefs © Reuters. Judge Torres Gives Green Signal to Ripple Allies To File Briefs
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  • Judge Analisa Torres has granted all Ripple allies motions to file amici briefs.
  • Crypto Law founder, John Deaton shared on Twitter that he will be filing the briefs.
  • Over 13 entities will file Amicus (NASDAQ:FOLD) Briefs for Ripple against SEC.

Analisa Torres, the ruling district judge, has granted all Ripple allies motions to file amici briefs. John Deaton, the founder of Crypto Law, took to Twitter to share that he will be filing the briefs tomorrow and Coinbase (NASDAQ:COIN) will be filing them this week.

According to the reviewed requests, the Association, six XRP holders, Coinbase, the CCI, Valhil Capital, Cryptillian Payment Systems, Veri DAO, Reaper Financial, InvestReady, NSEI, and Paradigm Operations must file their formal Amicus Briefs by November 18, 2022. While Ripple has 13 entities supporting them, the SEC only got three supporters.

John Deaton has asked all ardent XRP followers to read his briefs, adding:

Tomorrow I file #XRPHolders Amicus Brief w/my ⦗⦘Declaration. I encourage you to review it, including the Exhibits. You will see how CNBC arguably encouraged people how to buy XRP more than Ripple, or how Coinbase arguably promoted #XRP more than Ripple.”

This move comes like victory bells for the altcoin supporters against the American regulatory watchdogs. Over 13 entities and more than 75,000 supporters have joined in solidary support against the lawmaker.

In related news, rumors have surfaced that the SEC vs. XRP settlement could be expected tomorrow. The announcement was published in a leading media channel’s morning headline. The media channel soon rectified the news and said it was not true.

Ben Armstrong, the founder of BitBoy Crypto soon plunged in to share it on his handle:

“Fox Business announced a rumor of a Ripple-SEC Lawsuit settlement. They said it wasn’t true… but did they accidentally just front run the announcement?”

Notably, in the fold of the events, the verdict on the long ongoing lawsuit is expected to be concluded by the first half of 2023.

The post Judge Torres Gives Green Signal to Ripple Allies To File Briefs appeared first on Coin Edition.

See original on CoinEdition

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01-05-2024 10:45:17 (UTC+7)

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EUR/USD

1.0658

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GBP/USD

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USD/JPY

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AUD/USD

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EUR/JPY

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Adidas AG

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    EUR/USD 1.0658 ↑ Sell  
    GBP/USD 1.2475 ↑ Sell  
    USD/JPY 157.91 ↑ Buy  
    AUD/USD 0.6469 Neutral  
    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
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