Cryptocurrency News

attorneys leave SEC side, both groups add new lawyers

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Multiple attorneys have moved in and out of the lawsuit between Ripple Labs, executives and the United States Securities and Exchange Commission (SEC),  as signified by court filings on Aug.23.

The latest motions filed were requesting permission to withdraw attorneys Richard Best and Robert MacDonald Moye from the trial, with the former having the motion immediately granted due to extended medical leave. Moye’s withdrawal is still pending a decision from Judge Analisa Torres. 

Earlier the same day, a motion was filed for attorney Pascale Guerrier to be dismissed from the case. This request was also promptly granted by the judge.

Court filing for the withdrawal of SEC attorney Pascale Guerrier. Source: Official court documents

In a game of legal musical chairs, also on Aug. 23, Judge Torres approved attorney Michael A. Schulman for Brad Garlinghouse, the CEO of Ripple, along with attorneys Marc J. Jones and Peter Bryan Moores to represent the SEC. 

This is a developing story, and further information will be added as it becomes available.