The lawyer has a stellar record as a corporate attorney, and as a result they are very confident that the lawyers work will give them the best possible chance of winning the case.
It didn’t take long for Ripple and its CEO, Chris Larsen, to get hit with a lawsuit from the United States Securities and Exchange Commission (SEC) earlier this week.
Last year, the US Securities and Exchange Commission (SEC) accused Ripple Labs CEO Chris Larsen of fraud. He was never charged or convicted of anything and the case was dropped. Now, a new attorney has been added to the case, and a trial date is scheduled to be set next month.. Read more about xrp lawsuit update and let us know what you think.The process that began between the U.S. Securities and Exchange Commission (SEC) and San Francisco-based blockchain payment company Ripple is still ongoing and has made significant progress so far. The latest news on the case is that the blockchain payments giant has brought in a new lawyer in the case, whose job will be to defend the company’s top executive.
Ripple’s legal team welcomes a new lawyer
Ripple’s legal department has reportedly hired a new lawyer, Nicole Tatz, who works at the law firm Cleary Gottlieb Steen & Hamilton LLP. She will defend the company’s current chief executive officer (CEO), Brad Garlinghouse, in an ongoing case with the U.S. Securities and Exchange Commission. The website of the law firm to which she belongs shows that this lawyer focuses exclusively on criminal prosecution and litigation. This news was revealed to Ripple and the crypto-currency community by James C. Filan, an attorney and advocate who provides an update on Ripple’s legal defense in the SEC lawsuit. #XRPCommunity #SEC_NEWS vs #Ripple #XRP attorney Nicole Tatz appeared in the case on behalf of Brad Garlinghouse. Welcome to the Ripple team. Attorney Tatz’s biography can be found here: https://t.co/Y2qGYWps9M pic.twitter.com/ZqYsS6qNSG – James C. Philan (@FilanLaw) 10. June 2021 While a new lawyer is joining the Ripple team, the independent US agency is losing one of its key lawyers, who will soon be leaving the SEC’s legal team. To put this in context, the dispute between the two companies began on the 22nd. of December, when the SEC sued the blockchain payment technology company and its executives, including Brad Garlinghouse and Chris Larsen, for allegedly selling $1.3 billion in unregistered securities for a profit and violating securities laws. Ripple and its own digital currency XRP have had a lot to contend with after this case. However, the situation has cooled down too much for Ripple and XRP at the moment.A new attorney has joined Ripple to defend the company’s CEO, Brad Garlinghouse, in the case against the U.S. Securities and Exchange Commission (SEC) over the company’s decision to rely on a distributed ledger to power the XRP Ledger. Ripple CEO Garlinghouse is being sued by the SEC over the XRP Ledger, which was launched in 2014. The lawsuit was brought in San Francisco federal court and alleges that the company distributed securities without registering the offering with the SEC.. Read more about ripple legal team and let us know what you think.
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