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The crucial long running tussle between the US SEC and Ripple is currently in the Summary Judgement phase. However, new Amicus Curiae in the case has filed its briefs in the support of the Ripple and defendants in the XRP lawsuit.
Can new Amicus help the court in XRP lawsuit?
Earlier, Judge Analisa Torres gave out a ruling in the favor of Ripple in order to accept Amicus briefs from I-Remit and TapJets in the XRP lawsuit. One of these Amicus, I-Remit submitted its brief in support of the Defendants’ Motion for Summary.
I-Remit slammed SEC for its XRP lawsuit as the Commission has painted the ODL as an essential distraction. It is not the way XRP is used as the SEC has portrayed it. The Commission mentions that XRP is principally bought and sold as an investmen
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