Court Rejects Motions to Drop SEC Lawsuits Amid Ripple Positives

A New York court has declined to drop the Security and Exchange Commission's lawsuit against payments processing company, Ripple. Interestingly, the court also dismissed SEC’s motion against Ripple. Ripple’s CEO Brad Garlinghouse has declared the latest development a “huge win”. Judge Denies Execs' Dismissal Motions A New York court turned down the motions of two senior executives at Ripple to dismiss the pending lawsuit against them. The verdict, delivered by Magistrate Analisa Torres, nullified the executives' motions to drop the…