The much-anticipated summary judgement in the crucial legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is getting closer. A verdict in the XRP lawsuit is anticipated to provide regulatory clarity for the cryptocurrency industry, it may experience a slight in the process. Irrelevant arguments from the US Securities and Exchange Commission Defendants Ripple Labs, Brad Garlinghouse and Chris Larsen have filed responses to the Commission’s Supplemental Power of Attorney. The US SEC has sought summary judgement in the XRP lawsuit, citing the Court’s opinion of SEC vs Commonwealth Equity Servs. However, Ripple criticised the U.S.
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