Home > NEWS > XRP Lawyer Jumps In To Save Ripple In Another Lawsuit

XRP Lawyer Jumps In To Save Ripple In Another Lawsuit

XRP holders want to file to support the defendants’ opposition to the lead plaintiff’s motion for class certification.

XRP lawsuit News report:Waves and two CEO have been sued by the Securities and Exchange Commission (SEC) for engaging in stock trading. However, this is not the only legal risk dealt with by the Ripple lab, and now lawyer John Deaton has decided to intervene in other cases where the defendant is applicable.

XRP Holder's lawyer went to the emergency rescue.

Lawyer Robert Deaton has already submitted a resolution requiring an Amicus Brief to be filed in the Zakinov v. Ripple lawsuit, according to the filing. He mentioned that the XRP holder expected to refer to the lawsuit in which the defendant resisted the grade verification resolution explicitly submitted by the plaintiff.

Robert Deaton is an amicus curiae or XRP holder's lawyer in the U.S. V. XRP lawsuit. He gave different aspects related to XRP as representatives inside and outside the court.Click here to read more XRP lawsuit news reports.

The court documents mentioned that the plaintiff (Zakinov) resisted leave pleas from XRP holders. And the defendant has already agreed. However, the plaintiff's resistance indicates that the XRP holder and the known identifiable type above 75K will not be held accountable, which is consistent with the type recommended by the plaintiff in this case. Although it is difficult to defend them until the court allows him to submit the introduction to the proposed case.

It was mentioned by some that the position of the proposed Amici Curiae as six independent XRP holders and SpendTheBits,Inc.XRP holders was said to be unusual and very different from the multiple parties in the case.

Top plaintiffs bought XRP from January 1 to 16, 2018 and sold the possession around January 9 to 17, 2018. On the other hand, the proposed Amici,75k XRP holder currently owns XRP.

by wjb news
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
XRP

Why can Bitcoin make money? Is Bitcoin's fixed investment profitable?

For some newcomers to the currency circle, they are not familiar with the investment in the currency circle, and their understanding of the special currency is not very deep. Therefore, they may be at a loss in the choice of investment methods. Many inves

VIDEO

NEWS

Tue, 18 Apr 2023

More