Paul Weiss, Cleary Gottlieb and Debevoise Line Up Behind Defendants in SEC Cryptocurrency Suit

U.S. Securities and Exchange Commission building in Washington, D.C. January 5, 2019. Photo: Diego M. Radzinschi/ALM

Paul, Weiss, Rifkind, Wharton & Garrison and Cleary Gottlieb Steen & Hamilton have lined up to represent a pair of top executives at Ripple Labs Inc. in a U.S. Securities and Exchange Commission lawsuit accusing the tech firm, its co-founder and CEO of raising more than $1.3 billion off the sale of unregistered digital coins.