Ripple CEO Brad Garlinghouse Hires New Lawyer in U.S SEC Lawsuit

• Attorney Robertson has previous expertise in the crypto enforcement field.
• The lawyer asked the court to disclose all relevant documents and correspondence.

The CEO of Ripple, Brad Garlinghouse, has a new lawyer representing him in the XRP litigation, which has been pending in the United States District Court. This action follows a recent application for permission to pursue an interlocutory appeal in the matter filed by the U.S. SEC.

In a court document dated August 22, 2023, Cleary Gottlieb Steen & Hamilton LLP attorney Caleb J. Robertson represented the Ripple CEO. In the document, the lawyer asked the court to disclose all relevant documents and correspondence. Attorney Michael A. Schulman has joined attorney Roberston in filing a request to appear Pro Hac Vice on behalf of Garlinghouse.

Long Journey Ahead

In addition to his work on the Ripple lawsuit, attorney Robertson has expertise in the crypto enforcement field. Financial institutions, securities firms, investment managers, and publicly traded enterprises are among the clients he has represented in regulatory matters.

The SEC had claimed that the XRP token sale constituted a security offering, but Judge Analisa Torres had issued a landmark summary judgment dismissing those claims. Investors in the cryptocurrency market saw this as a huge victory since it might serve as a legal precedent in future cases.

On the other hand, Brad Garlinghouse, CEO of Ripple, and Chris Larsen, executive chairman of the company, have informed the court that they would be unavailable for two weeks in April. This action is in response to the court’s final decision regarding the pretrial conference schedule. It’s interesting that the dates revealed by Ripple’s management line up with the upcoming Bitcoin halving event.