Judge denies XRP Army a seat at the table in SEC v. Ripple case

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Lawyers representing XRP investors may still have an opportunity to refile in the future, however.
XRP tokenholders’ attempt to insert themselves as third-party defendants in the U.S. Securities and Exchange Commission case against Ripple may have come to an end.According to court filings, federal judge Analisa Torres has denied a motion filed over the weekend on behalf of more than 6,000 XRP holders. The motion to intervene argues the interests of token holders — in this case, the XRP Army — were not being adequately represented in the lawsuit against Ripple and its executives. Torres denied the motion “without prejudice,” meaning that lawyers representing XRP investors can refile in the future. The filing included a pre-motion letter to the Securities and Exchange Commission, or SEC, giving them an opportunity to respond. According to court rules, the SEC is allowed three business days to respond to any such motion

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Źródło: https://cointelegraph.com/news/judge-denies-xrp-army-a-seat-at-the-table-in-sec-v-ripple-case

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