The Ripple vs SEC case is becoming more and more fascinating as the time for the summary judgment is approaching fast. Both the prosecution and the defendants are trying very hard to keep up their arguments in a court of law, regardless of whether the evidence is having a base or not. The SEC, which constantly blames Ripple for having sold XRP illegally, has not yet produced any substantial evidence of their claim that the token is a security.
In the latest update, Ripple’s ally LBRY was granted permission to hear an oral argument for its motion to limit SEC’s accesses. The request submitted by LBRY and the courts accepting to hear the arguments is considered a pivotal event. As per John Deaton, the XRP holder representative in the court, it is the most important crypto hearing to date.
Source: https://coinpedia.org/ripple/ripple-vs-sec-lawsuit-january-30-could-be-more-important-for-the-entire-crypto-space/