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HomeCrypto NewsMarketBreaking: Court Denies Ripple Move to Add Two Attorneys to Its Legal Team in the SEC Lawsuit

Breaking: Court Denies Ripple Move to Add Two Attorneys to Its Legal Team in the SEC Lawsuit

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The court has denied Ripple’s efforts to add two new attorneys from Kellogg Hansen. 


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The court denied a recent effort by Ripple to add two attorneys to its legal team in the ongoing lawsuit against the Securities and Exchange Commission (SEC).

The motion to admit the two attorneys from Kellogg Hansen, Kylie Kim, and Clayton Masterman, was denied because the duo did not comply with local rules.

Attorney James K. Filan, a former federal U.S. prosecutor who has consistently shared updates about the Ripple v. SEC lawsuit, disclosed on Twitter today that the attorneys’ affidavits were not notarized. .

“Motions for Admission denied for failure to comply with the local rules. [The] affidavits were not notarized,” attorney Filan said.

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News of Ripple adding Kim and Masterman to its legal team in the ongoing lawsuit against the Securities and Exchange Commission was widely published yesterday.

However, analysts opined that both attorneys may not be allowed to join the Defense counsel team because onboarding them may prolong the legal proceeding beyond expectations.

As reported, the lawsuit is expected to be completed on or before March 31, 2023. The Ripple community is eager to see the end of the case because of the damage the lawsuit has done to the value of their XRP holdings since December 2020.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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