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SEC Urges Court to Reject Ripple’s Fair Notice Defense in XRP Lawsuit, Files Letter of Supplementary Authority

Led by Gary Gensler, the United States Securities and Exchange Commission (SEC) has filed a letter of Supplemental Authority to the presiding judge to further support its pending motion for Summary Judgment in the longstanding XRP lawsuit filed months ago.

The SEC’s letter of Supplementary Authority submitted on Tuesday to Judge Analisa Torres seeks to convince the court to reject the Fair Notice Defense posed by the XRP lawsuit defendants — Ripple and two of its executives; Brad Garlinghouse and Chris Larsen. 

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