TL;DR
The SEC is seeking Ripple’s financial records for evidence in their legal case.
The company has previously secured favorable court rulings, including a decision on the nature of some of its XRP sales.
The United States Securities and Exchange Commission (SEC) filed a new motion compelling Ripple to hand over essential documents such as the company’s financial statements for 2022 and 2023 and its post-complaint XRP sales contracts.
The regulator argued that those records could provide important information and show whether the firm has violated certain securities laws.
As CryptoPotato reported, the Commission filed the same motion earlier this month, and Ripple had until January 17 to react.
The company first insisted the deadline for a response be prolonged to January 19 and later opposed the SEC’s wish, claiming the requests were untimely and unrelated to the case.
“They are irrelevant: the information the SEC seeks has no bearing on the court’s remedies deter
We współpracy z: https://cryptopotato.com/important-ripple-v-sec-lawsuit-development-details/
