Black_background_logo_BitcoinWorld-removebg-preview
Blockchain News

Ripple Sees a Significant Upgrade to Its Legal Team

A new member has joined Ripple’s legal team. James K. Filan, a Ripple aficionado and former federal prosecutor, recently posted : “Attorney Bethan Rhian Jones has filed an application to appear and join the Ripple Labs’ defense team. Attorney Jones is with Kellogg Hansen.”

A bio on attorney Jones reads, “Bethan Jones joined Kellogg Hansen as an associate in 2018. Ms. Jones represents clients in complex commercial litigation and has particular experience in antitrust, telecommunications, and False Claims Act cases. Before joining Kellogg Hansen, Ms. Jones served as a law clerk to the Honorable Anthony J. Scirica on the United States Court of Appeals for the Third Circuit.”

She has also co-authored two books on legal conflicts. With her experience managing complicated business lawsuits, Bethan Jones can be seen as a strong addition.

Ripple is now awaiting important decisions, including those relating to the DPP and the legal dispute over the records of former SEC official William Hinman. James K. Filan predicts that the SEC may attempt to submit a move for certification of an interlocutory appeal to the Second Circuit if it loses privilege issues before Judge Torres.

To strengthen its legal team, Ripple hired two Kellogg Hansen attorneys in July. The two new additions to the legal team defending Ripple in its lawsuit against the U.S. Securities and Exchange Commission are Kylie Chiseul Kim and Clayton J. Masterman. Additionally, their respective requests for admission to practice pro hac vice in the case were approved by Judge Analisa Torres. In the course of the week, XRP outperformed other leading cryptocurrencies due to growing confidence around the situation.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.