Ripple vs SEC: Hogan Takes Aim at Amicus Brief Errors

Jeremy Hogan has faulted Better Markets’ Amicus Brief supporting the SEC. Hogan thinks Better Markets misconstrued the Trial Judge’s decision. Better Markets thinks Ripple’s XRP sales failed the Howey Test. Foremost civil law attorney Jeremy Hogan has faulted Better Markets’ amicus brief supporting the SEC in the lawsuit against Ripple. Hogan believes the financial organization misinterpreted the trial judge’s ruling in the case and based its filing on the wrong premise. According to Hogan, the trial judge did not rule that XRP sales on exchanges were not sales of securities because buyers didn’t purchase directly from Ripple. "Better Market's" Amicus Brief was hard to read. Not because I don't think this case will ever be ruled on by the appellate court, but because it COMPLETELY misses (or misconstrues?) what the Trial Judge ruled (see excerpt below). The Trial Judge did NOT rule that sales of XRP… https://t.co/XCjKXYuwQo pic.twitter.com/cjpiCSkvHj — Jeremy Hogan (@attorneyjeremy1) January 22, 2025 Clarifying the current legal situation between Ripple and the SEC, Hogan explained that the trial judge ruled that Ripple’s programmatic sales were bl… The post Ripple vs SEC: Hogan Takes Aim at Amicus Brief Errors appeared first on Coin Edition .