Attorney Robertson Represents Ripple CEO in XRP Litigation

Summary:

Attorney Caleb J. Robertson, from Cleary Gottlieb Steen & Hamilton LLP, is now representing Ripple CEO Brad Garlinghouse in the ongoing XRP litigation against the U.S. SEC. Robertson has requested the court to disclose all relevant documents and correspondence. This development comes after the SEC’s recent application for permission to pursue an interlocutory appeal in the case.

Introduction:

Ripple CEO Brad Garlinghouse has obtained new legal representation in the XRP litigation, which is currently pending in the United States District Court. Attorney Caleb J. Robertson, from Cleary Gottlieb Steen & Hamilton LLP, has filed a court document requesting the disclosure of all relevant documents and correspondence. Garlinghouse’s decision to bring in Robertson follows the SEC’s recent attempt to appeal the court’s earlier summary judgment dismissing their claims.

Main Points:

1. Attorney Robertson, with expertise in the crypto enforcement field, is now representing Ripple CEO Brad Garlinghouse in the XRP litigation.

2. In a court document dated August 22, 2023, Robertson requested the court to disclose all relevant documents and correspondence related to the case.

3. Alongside Robertson, attorney Michael A. Schulman has also filed a request to appear Pro Hac Vice on behalf of Garlinghouse.

4. The court’s summary judgment dismissing the SEC’s claims regarding the XRP token sale has been seen as a significant victory for cryptocurrency investors.

5. Garlinghouse and Chris Larsen, executive chairman of Ripple, have notified the court of their unavailability for two weeks in April, coinciding with the court’s final decision on the pretrial conference schedule.

Conclusion:

Attorney Caleb J. Robertson, from Cleary Gottlieb Steen & Hamilton LLP, has taken on the representation of Ripple CEO Brad Garlinghouse in the ongoing XRP litigation. Robertson has requested the court to disclose all relevant documents and correspondence, as the case continues to unfold. The court’s previous summary judgment dismissing the SEC’s claims has been celebrated as a significant win for the cryptocurrency industry, potentially setting a legal precedent for future cases. Meanwhile, Garlinghouse and Larsen’s unavailability coinciding with the court’s decision hints at the significance of the upcoming Bitcoin halving event.