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19 April 2021

Ripple Wins Ruling to Expose SEC Docs on Bitcoin, Ethereum - Decrypt

Ripple Wins Ruling to Expose SEC Docs on Bitcoin, Ethereum - Decrypt


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The company today won a discovery ruling that will require the SEC to hand over internal documents about Bitcoin and Ethereum.

On March 15, Ripple Labs along with its co-defendants, CEO Brad Garlinghouse and Executive Chairman Chris Larsen, filed a motion to compel the SEC to produce documents regarding the SEC’s communications about Bitcoin and Ethereum or its internal communications about XRP.

Ripple is likely looking for SEC mentions of XRP as a “virtual currency” like Bitcoin and Ethereum, which would bolster its case that it should be treated similarly.

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