Lawyer James K. Filan regularly shares updates with the community on the Ripple case against the SEC and said on Twitter that the San Francisco-based blockchain heavyweight is welcoming new lawyers to the team.
Ripple Welcomes Sarah J. Prostko
According to his tweet, Sarah J. Prostko joined the SEC counter-Ripple case to defend Chris Larsen’s interests, who co-founded Ripple Labs with Jed McCaleb in 2012.
“Lawyer Sarah J. Prostko appeared on behalf of Chris Larsen in this case. Welcome to the Ripple team. You can find the background of Prostko’s lawyer here”
Prostko is an alumnus of York School of Law, J.D., Magna Cumlaude – a Latin academic honorific, which means that a person attains a degree with outstanding results.
She also has a bachelor’s degree from American University. Graduation honours students – similar to above, but with a higher ranking.
Prostko’s services are provided by law firms Paul, Weiss, Rifkind, Wharton & Garrison.
Lawyer Sarah J. Prostko. Source: paulweiss.com
Earlier this month, it was reported that a new lawyer has also joined the Ripple team to defend CEO Brad Garlinghouse’s interests in a lawsuit against the SEC.
At the end of December 2020, the US SEC agency filed a lawsuit against Ripple Labs and its two senior executives (CEO Bradley Garlinghouse and former CEO and co-founder Christopher Larson) accusing them of raising around $1.3 billion on XRP, which the SEC defined as unregistered digital securities.