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TWEETS
BOOM! (And I don't use that term lightly)
The SEC's Motion to Strike the Fair Notice Defense is DENIED.
This is the one I've been waiting for.
NOW the SEC has something to lose. https://twitter.com/FilanLaw/status/1502369699530690563
#XRPCommunity #SECGov v #Ripple #XRP Breaking. Motion to Strike Fair Notice Defense Denied. https://www.dropbox.com/s/6g6owuurf777f2t/Order%20on%20Motion%20to%20Strike.pdf?dl=0
#XRPCommunity #SECGov v #Ripple #XRP Breaking. Motion to Strike Fair Notice Defense Denied. https://www.dropbox.com/s/6g6owuurf777f2t/Order%20on%20Motion%20to%20Strike.pdf?dl=0
And while we would have preferred the cases against Chris and me to end now, the SEC must now prove its claims. We are confident that ultimately all of them will be dismissed.
If you weren’t paying attention then, you should be now. Huge win for Ripple today! https://twitter.com/s_alderoty/status/1502372804502642694
Today’s order makes it clear there’s a serious question whether the SEC ever provided Ripple with fair notice that its distributions of XRP - since 2013 - would ever be prohibited under the securities law. https://twitter.com/FilanLaw/status/1502369699530690563
Uhhmm... In the LBRY case, LBRY actually asserted a Fair Notice Defense and not only did it not get stricken, the SEC didn't even TRY and strike it.
So, how a trial level court striking a completely different affirmative defense in that case is relevant... I don't understand. https://twitter.com/FilanLaw/status/1496187240783007748
#XRPCommunity #SECGov v. #Ripple #XRP SEC files request to file Sur-Sur-Reply regarding Motion to Strike, citing SEC v. LBRY decision in which New Hampshire federal judge granted judgment on the pleadings on an unrelated selective enforcement defense.
https://www.dropbox.com/s/4zepfd37male7kp/SEC%20Request%20to%20File%20Sur%20Sur%20Reply%20Re%20Motion%20to%20Strike.pdf?dl=0
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