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You are at:Home ยป SEC Appeals to Court to Reject Ripple’s Request to Dismiss in Latest Ripple vs SEC Development
Ethereum By admin

SEC Appeals to Court to Reject Ripple’s Request to Dismiss in Latest Ripple vs SEC Development

By adminApr. 30, 202401 Min Read
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SEC Appeals to Court to Reject Ripple's Request to Dismiss in Latest Ripple vs SEC Development
SEC Appeals to Court to Reject Ripple's Request to Dismiss in Latest Ripple vs SEC Development
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The Securities and Exchange Commission (SEC) has submitted a motion opposing Ripple’s request to dismiss Andrea Fox’s declaration, according to defense lawyer James K. Filan. The SEC filed the motion in response to the court’s scheduling order. Ripple had previously asked the court to disregard Fox’s testimony and supporting evidence, arguing that she should have provided her declaration during the discovery phase. Ripple claimed that Fox was an expert witness, while the SEC argued she was a summary witness. The SEC emphasized that Fox’s testimony was based on basic arithmetic operations and did not offer specialized opinions. The court’s ruling on Fox’s status as an expert or summary witness will impact the outcome of the case. Ripple will file a reply to the SEC’s opposition on May 2, addressing the points raised.

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