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XRP Lawsuit: Ripple Gains Incredible Backings As SEC Case Takes Surprising Turn

The Ripple and SEC case continues to take new turns as it approaches settlement. Crypto-focused investment firm Paradigm Operations LP’s application to join the case as an amicus curiae has gotten further backing from an interested attorney.

Paradigm first filed its amicus brief in November in a show of support for Ripple. An amicus curiae, also known as a “friend of the court,” is an individual or organization not a party to a legal dispute. The third party can assist the court by providing relevant information, expertise, or insight. 

Previously, lawyer Rodrigo Seira filed a motion requesting to appear as pro hac vice on behalf of Paradigm Operations LP in the case. Attorney Michelle Kallen of Jenner & Block LLP also filed a similar motion.

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