.bgarlinghouse is optimistic about the progress of Ripple's legal battle with the SEC
, Ripple CEO Brad Garlinghouse said that he was"very pleased" with the court's decision to deny the U.S. Securities and Exchange's motion to strike the"fair notice" defense., Judge Analisa Torres also shot down the twin motions to dismiss the lawsuit filed by Garlinghouse and fellow top executive Chris Larsen. They, however, expressed confidence that they will emerge victorious from the ongoing legal battle.
Not everyone shares their excessive excitement. Stephen Palley, a partner at law firm Anderson Kill, recently opined that one should not read too much into either court ruling since they rest on procedural grounds rather on their own merit, meaning that the judge did not apply the particular facts presented in the case.
The EO enjoyed positive reception within the cryptocurrency community despite being short on clarity.
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