News

Ripple Adds An Experienced Attorney To Pursue Lawsuits With the SEC

Ripple has added a new member to its legal team. According to Ripple fan and former federal prosecutor James K. Filan’s tweets, Attorney Bethan Rhian Jones has filed an application to appear and defend Ripple Labs.

A bio on attorney Jones reads:

“Bethan Jones joined Kellogg Hansen as an associate in 2018. Ms. Jones represents clients in complex commercial litigation and has particular experience in antitrust, telecommunications, and False Claims Act cases. Before joining Kellogg Hansen, Ms. Jones served as a law clerk to the Honorable Anthony J. Scirica on the United States Court of Appeals for the Third Circuit.”

Attorney Bethan Rhian Jones

She is also the co-author of two books on legal conflicts. Bethan Jones, who has handled complicated commercial disputes, might be regarded as a solid addition.

Ripple is presently awaiting major outcomes, such as the DPP’s ruling and the outcome of the attorney-client struggle over former SEC officer William Hinman’s records.

If the SEC loses privilege issues before Judge Torres, James K. Filan believes the agency will try to submit a motion for certification of an interlocutory appeal with the Second Circuit.

XRP was the week’s top gainer, surpassing other cryptocurrencies because of heightened optimism in the case.

XRP daily chart. Source: CoinCu

CEO Garlinghouse, who had optimistic hopes in the case, is adamant that Ripple will pursue this action since the incident is considered “representative” of the crypto industry.

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Website: coincu.com

Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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