Philip Moustakis Quoted in Law360 Article Titled, “Ripple Claims Victory In SEC Suit But Paid A Price”
August 13, 2024
Government Enforcement & Internal Investigations partner Philip Moustakis was quoted in a Law360 article titled, “Ripple Claims Victory In SEC Suit But Paid A Price.”
“The significant narrowing of both the remedies and the SEC’s initial suit means the outcome of the case was “definitely not a win for the SEC,” said Philip Moustakis. “But the continued lack of clarity around how securities laws apply to tokens, defense costs, a hefty fine and the disruption to Ripple’s business during the case makes it hard to feel like there are any winners.”
Click here to read the full article. Please note, this article may require a subscription.
Related Attorneys
Philip Moustakis
(212) 574-1604
moustakis@sewkis.com