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XRP Lawsuit: Ripple execs should thank SEC ‘for suing them individually’
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“It seems the SEC is throwing thisDPP Hail Mary and hoping that Judge Torres bails them out on appeal.”
Hasn’t that been the case lately? Nonetheless, Ripple Labs and its execs are continuing to clamp down on a potential win against the regulatory watchdogs. On 11 February, Ripple Labs filed a Letter Motion to compel the SEC to turn over notes. These notes pertained to 2018 meeting between Brad Garlinghouse and former Commissioner Elad L. Roisman.
As expected, however, the plaintiffs refused. And in doing so, the SEC claimed “they were privileged.”
That wasn’t the end of it though.
On 28 February, CEO Brad Garlinghouse filed a response to the SEC’s opposition to his motion seeking the disclosure of the notes (The “Estabrook Notes”).
<p lang=«en» dir=«ltr» xml:lang=«en»>JUST ADDED to our Document Library: ✅Response from @bgarlinghouse to @SECGov Opposition to Motion to Compel Estabrook Notes from 2019 Roisman-@Ripple Meeting Read more on ambcrypto.comAbout this in other media
Elizabeth Warren Strikes Again, Ripple Promises XRP 1B in Grants + More News cryptonews.com /2 years ago
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Ripple to give out 1 billion XRP in developer grants cointelegraph.com /2 years ago
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