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Cryptoknowmics 2022-10-29 05:11:24

Blockchain Association Asks Court Approval to Defend Ripple in SEC Case

On Friday, the Blockchain Association, a crypto lobbying organization in Washington, D.C., filed a request for authorization to represent Ripple as a friend of the court in its continuing defense against the Securities and Exchange Commission (SEC). The SEC sued Ripple at the end of 2020 on allegations that it sold XRP as an unregistered security. 1/ Today we announced we filed an amicus brief supporting a correct interpretation of Howey in the SEC’s two-year legal battle against @Ripple. A judge now has the opportunity to issue a substantive opinion on how Howey applies to digital assets. Here's what's at The post Blockchain Association Asks Court Approval to Defend Ripple in SEC Case appeared first on Cryptoknowmics-Crypto News and Media Platform.

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