Ripple vs. SEC: Two-Year Legal Battle for XRP Nears the End
Ripple’s general counsel, Stuart Alderoty, tweeted that the firm’s response was its final submission. He said the firm asked the Court to grant judgment in its favor in the filing. Alderoty said the crypto company was proud of the defense it mounted on behalf of the crypto industry.
Ripple’s two years legal battle with the U.S. Securities and Exchange Commission (SEC) is drawing to a close. The crypto company has filed a response to the commission’s opposition to its motion for summary judgment. The crypto payment company CEO, Brad Garlinghouse, echoed Alderoty’s view, saying, “Ripple stood strong and withstood the SEC’s onslaught.”.
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