The ever-lasting lawsuit between the United States Securities and Exchange Commission (SEC), and blockchain company, Ripple Labs (the defendant) continues to take new turns. Recently, Ripple secured a win against the SEC, as the Court granted Ripple’s motion to seal the ‘privilege logs.’ Now, it was the Plaintiff’s turn to roll the dice.
Previously, the lawsuit saw the court direct Ripple in a “text-only order,” to conduct a reasonable search of the relevant video and audio-taped recordings, and produce responsive documents of its internal meetings. However, in short, Ripple’s former search of its recorded meetings was concluded as “inadequate under the circumstances.”
<p lang=«en» dir=«ltr» xml:lang=«en»>#XRPCommunity #SECGov v. #Ripple #XRP Read more on ambcrypto.com