Two ex-SEC executives team up with Ripple in massive legal battle

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Ripple will have two former Securities and Exchange Commission (SEC) officials on their side in the ongoing private lawsuit against the cryptocurrency.

The third biggest digital currency will be defended by Mary Jo White, the former chair of the SEC, as well as former Enforcement Chief Andrew Ceresney. The lawyers will be attempting to disclaim that the cryptocurrency is a security.

The charge was instigated by a previous Ripple investor, Ryan Coffey, who filed a class action lawsuit against the blockchain

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