Judge Torres Refuses SEC’s Request, XRP Retains Its Amici Status

For those who own XRP, the victory over keeping their Amici status is a huge relief. Judge Torres refused the SEC’s request for the Amici status to be revoked. In addition, Judge Torres has disqualified lawyer John E. Deaton from participating in subsequent hearings. The letter states that “Amici can’t participate in the expert challenge now but may file an application to brief concerns with the SEC’s expert at the summary judgment.” A defense attorney and official federal prosecutor, James K. Filan, shared the most recent Ripple vs. SEC case update. The deadline for submitting uncontested fact reports and motions for summary judgment is September 13, 2022. The plaintiffs asked for the amici status to be withdrawn in a letter to Judge Torres. Additionally, the SEC added, “Movant’s Motion should be denied and pursuant to the Court’s broad discretion to permit or deny the appearance of amici. Deaton should be barred from making additional filings or otherwise participating in this case. The SEC may seek further relief from the Court in the light of Deaton’s and his followers’ recent conduct.” Judge Torres’ Ruling “Fair and Just” John Deaton responded favorably to this choice because he believes the neighborhood should respect and honor it. Deaton also stated that during the discovery period, Judge Netburn’s ruling was impartial and fair. The attorney also claimed that Oakland token holders had produced an expert study without th...