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Also Read: Bitcoin Price Rally Takes Breather As BTC Retreats From 12-Month High – How To Prepare for This Week’s Trading? advertisement Recently, attorney Kylie Chiseul Kim, who was counsel for Ripple Labs, withdrew from the case. Ripple had clarified that the withdrawal had no bearing on the lawsuit. In a similar move, John Deaton, the attorney representing thousands of XRP token holders in the Ripple lawsuit, said another lawyer was making the move. Lawyer Withdraws From Ripple Lawsuit Although the lawyer’s name and the reason for withdrawal are yet to be known, Deaton confirmed that he received an email about the same. However, he said this development was in no way a hint of settlement or something similar. The attorney said a lawyer withdrawing from the SEC case ‘means nothing.’ “Just got an email of a filing in the Ripple case and I must have admit, I got (butterflies) in my stomach. But it was just a lawyer w...

The Post-Summary Judgment Era XRP holder’s lawyer, John Deaton has taken to his official Twitter account to debunk the key myth or assumption about the Ripple vs SEC lawsuit he believes is wrong.  advertisement Responding to a shared interview by a Twitter account dubbed Digital Asset Investor.XRP, the case of the aspect of the core decisions that will go to trial sprang up. To correct the current misconceptions surrounding what elements of the case will possibly make it to the trial, Deaton said the Summary Judgment that declared XRP is not an investment contract will not be up for trial. In order to clear the air on what the community called debunking the complications, Deaton highlighted that only the claims on whether Ripple founder Chris Larsen and current CEO, Brad Garlinghouse “aided and abetted Ripple related to Institutional sales” is what will be settled should the case progress to trial. Wrong again. Ripple was granted summa...

It all began when one Twitter user identified as Mr. Huber referred to a statement made by Ripple Labs Chief Executive Officer (CEO) Brad Garlinghouse last year. advertisement XRP Lawsuit: Community Expects Summary Judgement Earlier  Garlinghouse had implied sometime ago that a decision on the lawsuit was expected in “weeks.” Also, Pro- XRP lawyer Deaton noted earlier that the lawsuit was coming to a close soon. But it’s been over a year since that statement was made and no verdict has been given yet.  As such, Mr. Huber pointed out that there have been some inconsistencies in the information being passed to the public. “People claiming: “This is normal. That it takes so long is perfectly normal,” you cannot at the same time claim “Yeah, this case takes much more time than anyone could ever have imagined! But you have to consider this case is the case of a century! MONUMENTAL!” Please be consistent.,...