Ripple’s Fate Hangs in the Balance: SEC’s Request for Financial Clarity

Ripple’s Fate Hangs in the Balance: SEC’s Request for Financial Clarity

The SEC has filed a reply brief supporting its motion to compel Ripple to produce key documents in the ongoing legal battle.
The SEC is particularly interested in Ripple’s audited financial statements for 2022-2023 and post-complaint contracts governing institutional sales, indicating a focus on understanding Ripple’s financial intricacies.
In the latest development of the legal showdown between the U.S. Securities and Exchange Commission (SEC) and blockchain company Ripple, the SEC has filed a reply brief supporting its motion to compel Ripple to produce crucial documents.
The SEC’s primary focus is on obtaining Ripple’s audited financial statements for the years 2022 and 2023, as well as gaining access to post-complaint contracts governing institutional sales. This move suggests a keen interest in understanding the financial intricacies of Ripple’s operations during the specified period.
#XRPCommunity #SECGov v. #Ripple #XRP The SEC has filed its Reply in Further Support of

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