XRP lawsuit: Ripple execs file motions to dismiss citing 'failure to allege recklessness' - AMBCrypto

in hive-116221 •  4 years ago 

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A few days ago, Judge Sarah Netburn ruled that Ripple execs Brad Garlinghouse and Chris Larsen's personal financial records are mostly irrelevant and not proportional to the needs of the case. On the back of the same, Garlinghouse and Larsen have now filed twin motions to dismiss the SEC's lawsuit.

In fact, the aforementioned motions to dismiss were also accompanied by separate arguments filed by the execs' respective counsels.

According to the memorandum of law filed by Garlinghouse's counsel Matthew Solomon,


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