Ripple Ex-CEO’s Lawyer Withdraws From SEC Case!

US-based blockchain giant Ripple with US Securities and Exchange Commission (SEC) The litigation between them continues at full speed. While the case is still ongoing and Ripple has had a small victory over it recently, news that comes out may not be pleasing to the Ripple front.

Ripple’s Lawyer Leaves Case

Co-founder and former CEO of Ripple Robin A Linsenmayer, filed a formal application to withdraw from the case. According to the information shared by corporate lawyer James K. Filan on Twitter, the lawyer’s request to withdraw from the case is not directly related to the case, as is supposed.

Linsenmayer, in his application on the subject, emphasizes that he wants to realize this because Paul, who normally works, will leave the law firm called Weiss. Ripple Labs hired law firm Paul Weiss to protect the company and Larsen. The departure of one of the lawyers of the law firm that protects both two important names and Ripple, of course, brought with it the request of the lawyer to withdraw from the case.

Linsenmayer, other lawyers Martin Flumenbaum Michael Gertzman, Meredith Dearborn, Kristina Bunting, Justin Ward and Sarah ProstkoHe stated that he will continue to work with the same company. This indicates that the law firm and its lawyers will continue to protect Larsen.

In the light of these events, the Ripple case is expected to conclude in 2022. famous lawyer Jeremy Hogan He said that he expects the case to be finished in April this year.

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