Ripple lawsuit twist: Support for SEC starts pouring in
The SEC filed a lawsuit against blockchain payments company Ripple in December 2020. It’s almost two years now, yet, the case has not wound up. A host of companies have been leaning towards Ripple . Prominent platforms have consistently been coming forward to support the blockchain company by filing Amicus Briefs. The list includes names like Coinbase, I-Remit, Valhil Capital, SpendTheBits, Chamber of Digital Commerce, TapJet, ICAN, and Cryptillian Payment Systems, among others. Read More: How Many Firms Are Supporting Ripple Against the SEC? Companies start batting for the SEC now Companies have now start ed sending their amicus briefs in support of the SEC. A day back, licensed attorney and InvestReady’s CEO Adrian E. Alvarez wrote to Judge Torres via a motion stating, “ We have seen how a lack of investor protections in the crypto markets has hurt the overall online fundraising market in the U.S. and we want to make sure the voices of those trying to f...