Former SEC Chairman to Represent Ripple in Lawsuit over XRP Security StatusJune 11, 2018
Former SEC Chairman to Represent Ripple in Lawsuit over XRP Security Status
Ripple in Lawsuit We can’t make tracks in an opposite direction from stories on the SEC and securities laws, can we? In an unexpected turn, this time, the story is about a (previous) SEC seat safeguarding a digital currency against a securities order. Previous SEC Chairwoman Mary Jo White has been procured to safeguard Ripple in a private financial specialist suit which contends that the organization sold XRP tokens as unregistered securities.
Ripple in Lawsuit
She’ll be joined by her requirement boss Andrew Ceresney, and their legitimate firm, Debevoise and Plimpton, will chip away at the case with co-advise from Meagher and Flom, Arps, Skadden, and Slate.