[ad_1] <br><div><figure class="caas-figure"><div class="caas-figure-with-pb" style="max-height: 540px"><div><div class="caas-img-container" style="padding-bottom:56%;"><img class="caas-img has-preview" alt="" src="https://s.yimg.com/ny/api/res/1.2/G71C8vhtOiCI8Biq1Az43w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTU0MA--/https://s.yimg.com/uu/api/res/1.2/aBAnr9iuZEKjjgfefu3wHg--~B/aD03MDk7dz0xMjYwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/forkast_news_articles_672/59f7e81c1176328defbc40358fb4dc66"/></div></div></div></figure><p>Ripple Labs has spoken in opposition to the U.S. Securities and Alternate Fee’s<a target="_blank" href="https://forkast.news/headlines/sec-opposes-motions-from-two-firms-seeking-to-back-ripple-in-xrp-lawsuit/" rel="nofollow noopener" data-ylk="slk:opposition" class="link "> opposition</a> to motions from two companies that had requested to file amicus briefs in help of Ripple, within the <a target="_blank" href="https://forkast.news/sec-ripple-xrp-hinman/" rel="nofollow noopener" data-ylk="slk:lawsuit" class="link ">lawsuit</a> that the SEC filed in 2020 in opposition to Ripple.</p><p><strong><em>See associated article:</em></strong><a target="_blank" href="https://forkast.news/headlines/sec-opposes-motions-from-two-firms-seeking-to-back-ripple-in-xrp-lawsuit/" rel="nofollow noopener" data-ylk="slk:SEC opposes motions from two firms seeking to back Ripple in XRP lawsuit" class="link "> SEC opposes motions from two firms seeking to back Ripple in XRP lawsuit</a></p><h2>Quick info</h2><ul class="caas-list caas-list-bullet"><li><p>Ripple<a target="_blank" href="https://www.courtlistener.com/docket/19857399/658/securities-and-exchange-commission-v-ripple-labs-inc/" rel="nofollow noopener" data-ylk="slk:said in a response letter" class="link "> said in a response letter</a> submitted on Wednesday that the SEC “mischaracterizes each the briefs and the legislation.”</p></li><li><p>“I-Remit and TapJets are impartial third events, in any other case unconnected with this litigation,” Ripple wrote. “They supply the court docket with info regarding their enterprise operations and industries to help their views. There may be nothing mistaken with that.”</p></li><li><p>The SEC <a target="_blank" href="https://www.crypto-law.us/wp-content/uploads/2022/10/10042022-SEC-Oppos-to-IRemit-Tapjet-Leave-for-Amicus.pdf" rel="nofollow noopener" data-ylk="slk:said on Tuesday" class="link ">said on Tuesday</a> that it<a target="_blank" href="https://forkast.news/headlines/sec-opposes-motions-from-two-firms-seeking-to-back-ripple-in-xrp-lawsuit/" rel="nofollow noopener" data-ylk="slk:opposed both motions" class="link "> opposed both motions</a> from I-Remit, a world cost remittance agency, and TapJets, a personal jet constitution and plane administration firm, to file amicus briefs, including that these are improper makes an attempt to supply proof outdoors the constraints of discovery restrictions and the foundations of proof.</p></li><li><p>An <a target="_blank" href="https://www.law.cornell.edu/wex/amicus_curiae" rel="nofollow noopener" data-ylk="slk:amicus brief" class="link ">amicus brief</a> (brief for amicus curiae briefs) is filed by a person or group that's not a celebration to a case however would petition the court docket for permission to submit a short meant to affect the court docket’s determination.</p></li><li><p>In December 2020, the SEC <a target="_blank" href="https://forkast.news/sec-pushes-back-on-ripple-interrogatories-over-xrp/" rel="nofollow noopener" data-ylk="slk:filed a lawsuit" class="link ">filed a lawsuit</a> in opposition to Ripple and its executives, alleging that the sale of XRP – the native token of XRP Ledger that powers Ripple’s cost community – constituted an providing of unregistered securities value over US$1.38 billion.</p></li></ul><p><strong><em>See associated article: </em></strong><a target="_blank" href="https://forkast.news/sec-ripple-seek-summary-judgment-in-attempt-to-speed-up-xrp-lawsuit/" rel="nofollow noopener" data-ylk="slk:SEC, Ripple seek summary judgment in attempt to speed up XRP lawsuit" class="link ">SEC, Ripple seek summary judgment in attempt to speed up XRP lawsuit</a></p></div> <br>[ad_2] <br><a href="https://news.google.com/__i/rss/rd/articles/CBMiT2h0dHBzOi8vZmluYW5jZS55YWhvby5jb20vbmV3cy9yaXBwbGUtc2xhbXMtc2VjLW9wcG9zaXRpb24tYnJpZWYtMDkzMjM2NzczLmh0bWzSAVdodHRwczovL2ZpbmFuY2UueWFob28uY29tL2FtcGh0bWwvbmV3cy9yaXBwbGUtc2xhbXMtc2VjLW9wcG9zaXRpb24tYnJpZWYtMDkzMjM2NzczLmh0bWw?oc=5">Source link </a>