Coinbase and Blockchain Advocacy Group Join Ripple’s Fight Against SEC
Major crypto exchange Coinbase has followed advocacy group Investor Choice Advocates Network to voice its support for Ripple’s key defense in its legal fight against the SEC. Ripple now has a heavyweight player from the crypto industry on its side in the court case against the US financial regulator.
Ripple’s fair notice defense focuses on the U.S. Constitution's Due Process Clause, which requires that the language of any criminal statute is sufficiently clear to give “fair notice” of what is prohibited. The SEC has sued Ripple and its two executives Brad Garlinghouse and Chris Larsen for selling XRP tokens as “unregistered securities” to investors. The news that Coinbase is looking to file a brief in the case was shared on Twitter by Coinbase’s chief legal officer Paul Grewal, who said the company.
Source
https://t.me/Cronos_Cardano_Ripple
