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21 June 2021

Ripple Hires New Lawyer as Courts Discuss Fair Notice | Crypto Briefing

Ripple Hires New Lawyer as Courts Discuss Fair Notice | Crypto Briefing


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In the latest development in the case, Ripple lawyers argued that the SEC did not provide fair notice prior to the lawsuit.

The SEC originally claimed that Ripple was given fair notice that its XRP sales could be illegal.

It says that Ripple has put forward an “incorrect characterization” of its fair notice claims.

The SEC filed its lawsuit against Ripple in December, alleging that the firm’s sales of the XRP token violated securities regulations.

Despite several exchange delistings in the U.S., the firm says that it has a strong presence in the Asia Pacific market.

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