In a surprising twist to the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC), another prominent attorney for Ripple, Lisa Zornberg, has filed a motion to withdraw her appearance from the case. The court document, filed in the United State...
- Attorney Lisa Zornberg files motion to withdraw from Ripple Labs vs. SEC case.
- The withdrawal comes amid the recent victory for Ripple.
- Ripple Labs remains confident, ensuring adequate representation by other attorneys.
In a surprising twist to the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC), another prominent attorney for Ripple, Lisa Zornberg, has filed a motion to withdraw her appearance from the case.
The court document, filed in the United States District Court for the Southern District of New York, reveals that Zornberg seeks permission to step down as the attorney of record for Ripple Labs.
According to the motion, Defendant Ripple Labs has respectfully requested the court to grant Zornberg’s withdrawal from the case. The withdrawal is set to take effect from July 31, 2023, as the Ripple lawyer will no longer be associated with the renowned law firm of Debevoise & Plimpton LLP.
Interestingly, this development comes amid the recent victory Ripple secured against the SEC from the U.S. court. The court upheld Ripple’s long-standing argument that its sale of XRP on public exchanges was not security as t…
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