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22 June 2021

Ripple (XRP) asks court to impose deadline on the SEC to produce documents

Ripple (XRP) asks court to impose deadline on the SEC to produce documents


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SEC refuses to turn over internal BTC, ETH and XRP documents Judge Netburn twice told them to turn over.

A critical component to Ripple’s defense against allegations it, along with two key executives, had sold $1.3 billion in unregistered securities is the fair notice argument.

Ripple believes that XRP, along with Bitcoin and Ether, is not ‘security,’ and the SEC had failed to provide fair notice otherwise.

According to Finance Feeds, the Judge can bring monetary sanctions against the SEC, or dismiss the case altogether, if the plaintiff continues to be uncooperative on the document discovery matter.

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