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Saturday, August 2, 2025

Ripple Slams SEC for Opposing Two Firms’ Amicus Briefs, SWIFT to Undergo Massive Upgrade, Shiba Eternity Now Live Worldwide: Crypto News Digest by U.Today - U.Today

To keep you updated on events in the crypto world over the past day, U.Today presents the top four news stories.
Ripple slams SEC for opposing amicus briefs from two firms
The SEC has been criticized by Ripple for attempting to prevent two XRP-friendly firms, I-Remit and TapJets, from filing amicus briefs in the case. In their letter-motions, both companies argued that XRP was vital to their business models: I-Remit relies on Ripple's ODL solution, while TapJets needs XRP to make it possible to quickly book charter flights. The regulator stated that these arguments should have been adduced by the defendants, and that the firms failed to explain how their usage of XRP depends on the case’s outcome. Ripple replied that I-Remit and TapJets are independent third parties that are not connected to the litigation, accusing the SEC of "mischaracterizing" their briefs. Ripple’s legal team believes that the briefs in question could refute the agency's talking points that revolve around every...



Read Full Story: https://u.today/ripple-slams-sec-for-opposing-two-firms-amicus-briefs-swift-t...

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