Will Coinbase relist XRP?
The current legal battle between Ripple (XRP) and United States Securities and Exchange (SEC), has sparked lots of debates and interests for the past two years with no sign of closure.
As observers have expected the fight will enter its endgame by the first half of 2023, Coinbase comes out in support of the payment company.
Allies of Necessity
Coinbase’s chief legal officer Paul Grewal said on Tuesday that the exchange has filed for an amicus brief to support Ripple in the ongoing battle against SEC.
The U.S. District Judge Analisa Torres will be in charge of reviewing Coinbase’s submission and decide whether or not to grant permission to the exchange.
Amicus brief, or amicus curiae, is a legal document submitted to the court by an individual or organization who is not a party to a particular case.
The term is also known as “friend of the court.” Coinbase’s amicus curiae brief is, “ is a textbook case…
