XRP Lawyer Deaton Files Amicus To Join Another Ripple Acción xudicial

By Bitcoinist - hai 1 ano - Tempo de lectura: 3 minutos

XRP Lawyer Deaton Files Amicus To Join Another Ripple Acción xudicial

The U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple Labs is not the only battle the company is currently fighting. In fact, there is a court case that has been under trial for a longer period of time: The class action lawsuit filed by XRP investors against Ripple Labs and CEO Brad Garlinghouse, which has been pending since November 2018.

The case, which is being heard in the US state of California, is led by lead plaintiff Bradley Sostack, with three lawsuits (Zakinov, Oconer, and Greenwald) consolidated into one. The plaintiffs accuse Ripple of selling XRP as an unregistered security and seek damages for losses suffered from the sale and alleged promises by Ripple. In addition, the plaintiffs are asking the court to also classify XRP as a security.

A New Player In The Ripple Vs. Zakinov Case

O avogado John E. Deaton, que xa está involucrado cun respectivo breve amicus no Ripple vs. SEC and LBRY vs. SEC cases, is now getting involved in this case as well. As prominent criminal defense attorney James Filan writes in a series of tweets, Deaton is filing an amicus brief in Zakinov vs. Ripple.

Filan escribe que a clase proposta incluiría titulares de XRP en todo o mundo, incluído o 75,890 titulares in the SEC case who have joined Ripple’s arguments and disagree with the plaintiffs in Zakinov, saying that XRP is not a security.

Moreover, the proposed class action is not limited to direct sales by Ripple, but extends to all sales of XRP, including secondary sales and international sales in countries where the token has already been classified as not a security.

Deaton argumenta na súa moción que o tribunal non debería certificar a clase por mor destes conflitos e porque só hai un pequeno número de titulares que afirman que XRP é un valor non rexistrado, mentres que moitos máis posuidores de tokens en todo o mundo afirman que non o é.

JUST ADDED to our Document Library:Order Granting @ JohnEDeaton1 Admisión Vice Representante Pro Hac #XRP Holders in US District Court for Northern District of CA in "In Re Ripple Labs Inc Litigation" (Zakinov v. @Ripple) Link to Order: https://t.co/tc3zd4ZyYm

- CryptoLaw (@CryptoLawUS) Febreiro 6, 2023

Fred Rispoli, tamén avogado da comunidade, comentou o movemento de Deaton con aplausos, dicindo: "Estando familiarizado coas accións colectivas, a batalla de certificación de clase é a loita máis importante neste tipo de casos. A entrada de John aquí nesta calidade é unha verdadeira patada para o avogado do demandante. E non estou en desacordo con John, pero o tiro de balón non se pode exagerar".

Pola súa banda, Deaton comentou o anuncio de Filan en Twitter, proverbio:

Xa se trate da SEC ou dun avogado do demandante facendo o absurdo argumento de que as transaccións do mercado secundario dun token tamén son títulos simplemente porque puido ser ofrecido ou vendido previamente de forma que infrinxe a Sección 5 da Lei de Valores, verémolo. ti no Xulgado.

Prezo XRP hoxe

No momento da publicación, o prezo do XRP situouse en 0.3961 dólares, atopando soporte na EMA de 100 días. Durante as últimas 24 horas, o prezo rexistra unha lixeira perda do 0.4%. Para os touros, a EMA de 200 días segue sendo unha das maiores resistencias neste momento.

Orixe orixinal: Bitcoiné