An anonymous banker has re-entered the legal battle between the US Securities and Exchange Commission (SEC) and Ripple Labs. The banker had previously submitted a formal statement supporting the SEC’s motion for summary judgment. Ripple Labs had objected to the anonymous submission and advocated for disclosing the banker’s identity, but the banker argued that revealing his identity could lead to harassment. Galaxy Digital, which has a share in Ripple, divested its XRP holdings after the SEC initiated action against Ripple. This anonymous banker’s involvement adds intrigue to the already complex legal battle and highlights the significant implications of regulatory decisions in the cryptocurrency space.
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