SEC counters Ripple’s move to seal ‘judicial’ documents in connection with…
The SEC, on 15 June, filed its request to seal its response to the amici motion to participate in the Daubert challenge. This move comes on the heels of testimony from an expert SEC witness – Patrick B. Doody – who reported on what information ‘reasonable’ XRP holders relied on while buying the token.
But Defendants were quick to respond to this filing, highlighting ‘Exhibit.’ An excerpt of the expert’s deposition transcript- as a ‘judicial document.’ The defendants agreed to seal documents disclosing the identity of the expert. But they claimed that the SEC requested to redact passages, which would undermine the expert.
In the latest filing, the SEC has filed an objection to the Ripple Defendants’ Motion. As per this, Defendant aimed to seal Exhibit O in connection with amici’s request to participate in the SEC expert challenge. James Filan, a famed attorney shared this development in a 17 June tweet.
<p lang=«en» dir=«ltr» xml:lang=«en»>#XRPCommunity #SECGov v. ##Ripple #XRP The SEC has filed an objection to the Ripple Defendants’ Motion to Seal Exhibit O in connection with amici’s request to participate in the SEC expert challenge. pic.twitter.com/Yf3hm5yOQ5— James K. Filan
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