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SEC against potential “avalanche” of claims if XRP holders intervene – FinanceFeeds – FinanceFeeds
The SEC calls for the rejection of the Movants’ proposed intervention as their “ultimate goal in seeking to intervene is for XRP to become available again for trading…
The SEC calls for the rejection of the Movants proposed intervention as their “ultimate goal in seeking to intervene is for XRP to become available again for trading on digital asset platforms so that Movants may buy and sell XRP as a speculative investment”.
The SEC has sent a letter to Judge Analisa Torres in response to the March 19 letter from the XRP community who seeks to move to intervene in the lawsuit.
In the letter to the Southern District of New York Judge, the regulator first points…
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