Anna R. Gressel, an attorney for Ripple Labs and its CEO, Brad Garlinghouse, has petitioned the court to be relieved of her duties in the ongoing legal battle between Ripple and the SEC. This comes after the severing of Gressel’s professional ties with Debevoise & Plimpton LLP. However, Ripple will still receive legal representation from other attorneys from the same firm. Gressel is not the first attorney to leave the case, but Ripple has assured stakeholders that these departures won’t negatively impact the proceedings. XRP investors are closely watching the developments and positioning themselves in anticipation of the case’s verdict. There has been an increase in XRP’s trading volume, particularly on Korean exchanges.
AI Sentiment: Negative
