Ripple Accuses SEC of Taking "Extreme Position" on Expert Reports
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The defendants in the Ripple case have accused the U.S. Securities and Exchange Commission of taking an "extreme stance" on expert reports. In a recent letter addressing Judge Analisa Torres, they claim that the plaintiff is trying to suppress any "substantive criticism."In late May, attorney John Deaton of the Deaton Law Firm filed a motion letter to ask the judge to allow him to file a brief on behalf of tens of thousands of XRP holders.The move came hot on the heels of Patrick B. Doody, the SEC's expert witness, preparing a report on what motivated XRP holders to purchase the controversial token.Deaton has expressed his intention to file a Daubert motion that would exclude the presentation of unqualified evidence.
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