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🏆 XRP (RIPPLE) WILL MELT FACES BULLISH NEWS | JACK MALLERS STRIKE BTC (BITCOIN) PAYMENTS SYSTEM
🏆 XRP (RIPPLE) WILL MELT FACES BULLISH NEWS | JACK MALLERS STRIKE BTC (BITCOIN) PAYMENTS SYSTEM - In this video, we discuss XRP News today, crypto news today, and more. - In this video, we discuss XRP News today, crypto news today, and more.
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The much-awaited Individual Defendants’ Answers have been filed, thus fixing the deadline for the SEC’s position on additional discovery to April 15, 2022, and the deadline for the Joint Proposed Scheduling Order to April 22, 2022.
Both the Brad Garlinghouse response and the Chris Larsen answers mostly deny the SEC’s allegations or state the defendants lack sufficient knowledge to either admit or deny the allegations.
The documents also expresses what the individual defendants want from the court as to put an end to the SEC v. Ripple lawsuit.
Pressure on the SEC has mounted tenfold since yesterday’s revelations that the agency was aware of Bill Hinman’s “full financial conflict of interest” with his old firm and that he disregarded internal advice in order to meet people at Simpson Thacher or clients several times.
Garlinghouse’s list of 440 answers and Larsen’s thread of 442 answers end with a similar statement:
“Plaintiff’s prayer for relief and judgment (including Sections I through V) does not require a response, but to the extent any response is necessary, Mr. Larsen [Garlinghouse] denies that Plaintiff is entitled to the requested relief and judgment or to any relief whatsoever, and therefore requests that the Court:
1. Dismiss the action with prejudice;
2. Enter judgment in favor of the Defendants against Plaintiff with respect to all causes of action in the Complaint;
3. Award Mr. Larsen [Mr Garlinghouse] his attorneys’ fees and all other costs reasonably incurred in defense of this action; and
4. Award Mr. Larsen [Mr Garlinghouse] any other relief as the Court may deem just and proper.
Additionally, the individual defendants said admitted that the SEC “demands a trial by jury”. Such a trial would lead to further delays in a case that was filed a year and a half ago and is holding back one of the most prominent blockchain companies in the world as well as one of the leading digital assets by market capitalization.
Enjoy the video! Stay safe everyone. LET'S GO!!!!!
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