Cointime

  • BTC $17221.84 -0.00 %
  • ETH $1283.73 0.01 %
  • BCH $112.00 -0.09 %
  • SOL $13.69 -0.07 %
  • XRP $0.39 0.13 %
  • BNB $289.20 0.03 %

Crypto Lobbyist Group Blockchain Association Asks Court for Permission to Support Ripple Against SEC Case

1 min read

The Blockchain Association, a crypto lobbying organization based in Washington, D.C., filed for permission to support Ripple as a friend of the court in its ongoing defense against the Securities and Exchange Commission (SEC) late Friday.

The SEC sued Ripple at the end of 2020 on allegations that it sold XRP as an unregistered security. The case has gone through a number of procedural motions since, and the parties recently filed their motions for summary judgement. On Friday, the Blockchain Association asked the court overseeing the case for permission to join the case, as well as the actual amicus brief.

All Comments