Sarah Netburn Ripple SEC Action Beyond Sarah Netburn

Reasons why Ripple wants to halt SEC’s new objectives

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After a series of back and forth over the years, the U.S. Securities and Exchange (SEC) only wants to put Ripple down. This was the opinion of Ripple’s legal counsel and the team at large.Recently, Ripple’s legal representatives sent a letter to the Judge in charge of the case, Sarah Netburn.

In the letter, Ripple claimed that the SEC aims to take the case backward by reopening the discovery part. According to the letter, Ripple requested that Judge Netburn grant permission to the defendants to grant two non-party subpoenas as opposed to Plaintiff’s wish.Beforehand Ripple claimed that the SEC wanted to obtain downloaded copies of the videos related to the case without following the Judge’s initial order.

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