The Chamber of Digital Commerce recently submitted a motion to file an Amicus Curiae brief in US SEC vs Ripple Lawsuit. However, the regulator has filed a response in the court regarding the motion.
Ripple lawsuit to see new Amicus Curiae
Attorney James Filan shared an update about the SEC’s submitted response to the Ripple lawsuit. The letter mentions that the commission takes no position on the motion. However, it requests that, if in the future court grants permission to do so, then the watchdog wants time to produce a reply to it.
Filan added that SEC highlighted that if additional Amicus Curiae briefs are allowed then it may ask for more time to reply. This request poses a clear threat to John Deaton, who is fielding as the lawyer of the4 XRP holders.
Commission’s this response has landed after the submission of crucial motions for
