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Home Altcoin News

The SEC Withdraws A Lawyer From The Ripple Case

Hania by Hania
August 24, 2023
in Altcoin News
Reading Time: 1 min read
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Ripple vs. SEC Lawsuit Update For September 2022
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Table Of Content:

  • Pascale Guerrier Leaves The Ripple Case
  • The SEC Filed An Appeal

The US SEC has brought to the attention of the United States District Court for the Southern District of New York that Pascale Guerrier, a lawyer, will no longer be taking part in the case against Ripple Labs through a notice it has filed.

Pascale Guerrier Leaves The Ripple Case

The SEC has made it clear in the notice that other lawyers will be representing it in the trial that will take place the following year as much as Pascale Guerrier is no longer a prosecutor in the case. Making changes to the team of counsellors in these cases is not unheard of as each party is striving to win by all means.

The capability of the lawyers in this case cannot be overlooked as these are the people who will fight for each of them. Ripple has also been known to change lawyers in its cases and therefore what the SEC has done should be of no surprise to anyone.

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Ripple has a strong budget for its defense and therefore has the capacity to add more lawyers to their team. In case they decide to make changes, they will file a notice as well.

Also Read: Ripple vs. SEC: Pro-Blockchain Lawyer Unravels Judges’ Heated Controversy

The SEC Filed An Appeal

The SEC filed an appeal after the judge granted Ripple a partial victory where Judge Torres said that trading the XRP token on exchanges does not make it a security.

Tags: crypto newssec vs ripplexrp news
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Hania

Hania

Hania is a 30-year-old blogger who used to be a teacher before entering the world of writing. She is originally from India and has been writing blogs on various topics for 2 years now. Hania is particularly interested in exploring the intersections of finance, technology, and cryptocurrency. Her experience as a teacher has given her unique insights into the ways in which digital media can be used to facilitate learning and engagement. Through her writing, Hania hopes to share her knowledge and learning of crypto industry with everyone.

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  • The SEC Filed An Appeal
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