Ripple’s allies expand: Coinbase files amicus brief in fight against SEC

Cointelegraph

Published Oct 31, 2022 09:41PM ET

Updated Nov 01, 2022 11:40PM ET

United States-based crypto exchange Coinbase (NASDAQ:COIN) has become the latest organization to stand behind Ripple Labs in its legal battle against the Securities and Exchange Commission (SEC), which could wrap up as soon as the first half of 2023.

Coinbase’s chief legal officer, Paul Grewal, said in a series of tweets on Oct. 31 that the exchange had asked the presiding judge for permission to file an amicus brief, saying the case was a “textbook” definition of “just how critical fair notice is.”

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