The post Ripple vs SEC Lawsuit Update: SEC Strikes Back at Ripple’s Attempt to Exclude Evidence appeared first on Coinpedia Fintech News
In the ongoing legal tussle between Ripple Labs Inc. and the Securities and Exchange Commission, a new focal point has emerged concerning the nature of evidence presented in court.
The SEC has opposed Ripple’s motion to exclude certain materials, which Ripple claims qualify as undisclosed expert testimony.
The SEC argues the Fox declaration is summary not expert evidence and Ripple does not dispute the summary of its financial records is correct. The SEC argues that Fox did not give an opinion that some institutional buyers suffered pecuniary harm because she stated what counsel… https://t.co/M7TdDrMO2t
— bill morgan (@Belisarius2020) April 29, 2024
Lawyer Reacts to SEC’s Opposition
Bill Morgan, a noted commentator on legal matters involving technology and finance, recently provided a critical take on this development.
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