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Also Read: Russia’s Putin Says US Dollar Losing Global Role; Bitcoin To Gain? advertisement Attorney Caleb J. Robertson Appears For Garlinghouse In a filing dated August 22, 2023, Attorney Caleb J. Robertson of Cleary Gottlieb Steen & Hamilton LLP appeared on behalf of the Ripple CEO in the lawsuit against the US SEC. In the filing, the attorney requested the court to provide all papers and communications in the lawsuit. Besides the Ripple litigation, attorney Robertson has experience working in enforcement space for a cryptocurrency platform “In connection with multiple government investigations.” He also represents financial institutions, securities trading firms, investment managers, and public companies in regulatory issues. Ripple CEO’s Role In XRP Lawsuit In its December 22, 2020 complaint against the company, the US SEC named Garlinghouse along with Christian Larsen, the company’s co-founder for raising capital t...

Also Read: Hinman Docs Reveal In XRP Case To Congressional Hearing; Why This Week Is Crucial For Crypto? A Turning Point In XRP Lawsuit? As per the court orders, Ripple and SEC filed a joint letter seeking one week extension until June 13, 2023, for the public release of the unredacted Hinman Speech documents. However, with speech linked memos, unredacted versions of cross motions for summary judgment of both parties will be made public. Finally, the Crypto industry will gain clarity that why then SEC Director of Corporation Finance, Bill Hinman concluded that Ether (ETH) was not a security. Attorney John Deaton, Amicus curiae in the XRP lawsuit suggests that June 13, 2023, will make it clear how strong or weak the SEC’s assertions linked to several specific sales stands. He highlighted that just the “offer” can violate Section 5 of the Securities Act. It is important to note that this appears to be the commission’s strongest argument in the case. Read More XRP News Here… ...