Ripple Scores another Legal Win as Judge Sarah Netburn Denies SEC Access to the Firm’s Legal Advice
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The lawsuit between Ripple and the United States Securities and Exchange Commission (SEC) continues to birth new stories on a daily basis.

According to a report, the U.S. SEC has accused Ripple of harassment, urging the court to limit Ripple’s access to its internal documents.

Read Also: Judge Says Tetragon Is Wrong, XRP Has Not Been Officially Declared a Security

The regulatory agency pointed out that Ripple is trying to undermine the securities lawsuit by highlighting unrelated documents.

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This came about after Judge Sarah Netburn granted the payment behemoth access to SEC documents in relation to its correspondence and conversations about Bitcoin (BTC) and Ethereum (ETH) securities status. This also includes XRP, the digital asset that’s at the center of the lawsuit.

In this regard, the SEC filed a motion with the Judge to limit Ripple’s access to its internal documents:

“The SEC is in the process of complying with the Court’s April 6, 2021 Order, Ex. 1 (the ‘Order’) and has begun reviewing tens of thousands of external emails from the identified custodians for production pursuant to the Order.

“However, it has become evident through the meet-and-confer process that Defendants are seeking to ignore the limitations of this Court’s Order and to mire the SEC in indefinite discovery disputes and, if successful, document review…

Read Also: Ripple Partner IBS Incorporates RippleNet Adapter Into SWISSRoute Payment Platform

“Defendants’ approach is part of a pattern of gamesmanship with respect to discovery and the following examples show that Defendants do not actually seek relevant evidence, but rather seek to harass the SEC, derail the case’s focus away from its merits, and bog down the SEC with document review.”

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Solomon Odunayo

By Solomon Odunayo

Solomon Odunayo is an accomplished blockchain and cryptocurrency expert at Herald Sheets, known for his in-depth analysis and engaging articles that cater to both beginners and experienced readers. With a degree in Computer Science from the University of Lagos, Solomon leverages his technical background and keen understanding of the crypto space to provide readers with valuable insights and up-to-date news. His passion for innovation and commitment to staying current with industry developments make him a trusted voice in the digital currency community.