Recent developments in the XRP ($3.08) lawsuit have seen the plaintiff file a notification regarding costs to the appellate court. Following a favorable ruling for Ripple $0.007662 and its CEO Brad Garlinghouse from the district court, the company has requested financial resources for the time and expenses incurred during the legal proceedings.
Appeal Stage of the Case
Ripple’s request for costs has been contested by the plaintiff, Bradley Sostack. Sostack objected to the imposed costs amounting to $210,591.52 against the class representatives. Furthermore, he requested the rejection of Ripple’s expense claim and, if necessary, a reduction of costs.
Ripple submitted an expense invoice along with relevant documents concerning expenditures, attorney fees, and other details related to the case. This action is believed to correspond to the time and costs associated with the securities violation lawsuit.
The XRP community is anticipating a resolution to the ongoing case between Ripple and the SEC
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