The ever-lasting fight between the United States Securities and Exchange (SEC) and the Ripple Labs took quite a few interesting turns. Over the years, the SEC’s lawsuit against Ripple Labs made headlines that directly affected XRP‘s price.
On 10 February, Ripple filed itsSur-Reply regarding the SEC’s motion to strike the Fair Notice Affirmative Defense. Mainly to oppose ‘the SEC’s inappropriate request’ for judicial notice. And, to address the SEC’s ‘misleading characterization of its prior enforcement actions.’ Well, another attack emerged from Defendant to support this offensive move.
Ripple Labs, on 11 Feb, filed a Letter Motion to compel the SEC to turn over notes. This was regarding a 2018 meeting between Brad Garlinghouse and former Commissioner Elad L. Roisman. Plaintiff here, the SEC refused. Claimed ‘they were privileged’.
Famed attorney, James K. Filan took to Twitter to expand on the topic.
<p lang=«en» dir=«ltr» xml:lang=«en»>#XRPCommunity #SECGov v. #Ripple #XRP BREAKING: Ripple files Letter Motion to Compel the SEC to turn over notes regarding a 2018 meeting between Brad Garlinghouse and former Commissioner Roisman. The SEC refuses, claiming they are privileged. https://t.co/J1xLA5kiSa— James K. Filan
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