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Fred Rispoli Profile picture
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Apr 30 • 4 tweets • 3 min read
Very interesting development in the Ripple case happened this past Thursday...in the civil case in Oakland. I keep telling you not to sleep on that one!
#XRP #XRPCommunity Lawyers would love to hear your thoughts...@FilanLaw @Belisarius2020 @JohnEDeaton1 @attorneyjeremy1 1/4
Wisely IMO, plaintiff's counsel is letting the SEC case play out to conserve time and money (you know, the opposite of what SEC is doing), but there was a big discovery dispute decision on 4/28. Plaintiffs want all discovery from SEC case handed to them by Ripple and Ripple...2/4
...objected bc of concerns discovery related to 3rd parties isn't for Ripple to decide. Links in last tweet, but Ripple says 28 3rd parties agreed, 15 have objected (9 of whom are current or former employees) and 4 haven't responded. Court ordered production but allowed 3rd...3/4
...parties to object to judge (in Oakland). I'll keep monitoring. It will be very interesting to see who objects and what is publicly disclosed as it may provide insight into things we may not be aware of in SEC case. Link to dispute and order below. 4/4
dropbox.com/sh/1rzmvhbyu73…

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More from @freddyriz

Fred Rispoli Profile picture
Apr 28
J. Torres order from @FilanLaw is great news and has changed my timeline estimates. Remember, litigation changes fast, so new facts = new evaluation. First, I love how J. Torres didn't rubber stamp the timeline proposed by the parties. I did not expect that at all. 1/5
Second, settlement before SJ has now increased to a 50% probability from 20% for me. Why? J. Torres ROCKETED up the expert witness motion deadline. It was proposed to be same as SJ schedule by parties. This is critical because expert testimony will account for 75% of how...2/5
...this lawsuit ends. With expert issues done before SJ, all parties will have a better understanding of their chances at SJ and, if necessary, trial. Crushing blows or victories on what a party's expert can testify to will significantly impact litigation strategy. 3/5
Read 5 tweets
Fred Rispoli Profile picture
Apr 15
Update time: We’ve received an enormous number of responses from prospective class members interested in signing up for the class. The supportive comments in the emails are extremely encouraging so, again, thank you. 1/15
Nearly my entire attorney career has been dedicated to fighting for clients whose lives are devastated by terrible abuse and neglect. Here, we seek to establish a class of XRPL Network Users, which means those people are in the forefront of my mind at all waking hours. 2/15
Since the April 11 filing, there has been a lot going on behind the scenes that, unfortunately, I can’t fully discuss publicly due to attorney-client privilege issues and other attorney requirements and obligations. I apologize for this and recognize it is frustrating. 3/15
Read 15 tweets
Fred Rispoli Profile picture
Apr 14
Second, very heartwarming to see some of you help defend against the trolls. While appreciated, please don't feel obligated. I am a litigator, and I've been through much, much worse battles than Twitter hate.
Third, HOMER and WILLY. Biggest VALID criticism to date. Let me say that those two names were much, much worse in the original draft! The names HOMER and WILLY match the respect level these two deserve, but I am going to amend the complaint to revert to CLAYTON and HINMAN...
...no sense walking into an easy motion to strike. The purpose of HOMER and WILLY has been conveyed. Keep emotions more in check--lesson learned. Fourth, this will be a major battle. If I were defense counsel, I would file a Rule 12(b)(6) motion to dismiss for failure to state...
Read 12 tweets
Fred Rispoli Profile picture
Apr 13
#XRPArmy I promise you're going to want to read this until the end. 1/20
@digitalassetbuy @DigPerspectives
Those within the ranks are intimately aware of the corruption within a government entity that USED TO BE founded on principles of justice, and protection of individual rights. We also know--only now--that so many insiders knew of the corruption; 2/20
@MarketsMickle @jungleincxrp
the graft; and the scheming that has created an all out assault on American and Global innovation in digital assets and blockchain technology. 3/20
@ThinkingCrypto1 @Santiag78758327
Read 20 tweets

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