Ripple Faces Tough Legal Fight: SEC Opposes Stablecoin Launch
On May 7, 2024, there was a big update in the legal fight between Ripple Labs and the US Securities and Exchange Commission (SEC). According to a document shared by Ripple’s defense lawyer James Filan, the SEC submitted a reply brief with some parts hidden, along with proof against Ripple Labs, its CEO Bradley Garlinghouse,…