#XRP #Ripplenet #Ripple #Blockchain #web3
The ever-lasting fight between the United States Securities and Exchange ( SEC ) and the Ripple Labs took quite a few interesting turns. On 10 February, Ripple filed its Sur-Reply regarding the SEC’s motion to strike the Fair Notice Affirmative Defense. Ripple Labs, on 11 Feb, filed a Letter Motion to compel the SEC to turn over notes.
Ripple files Letter Motion to Compel the SEC to turn over notes regarding a 2018 meeting between Brad Garlinghouse and former Commissioner Roisman.
The SEC refuses, claiming they are privileged.
Even if the information gathered may later be relied on for future policymaking.” The SEC had asserted that documents were protected by the deliberative process privilege (DPP).
What a shocking response from the SEC.
Hogan stated : “The SEC has no tenable basis for raising the DP Privilege here since it conceded to Solomon that the notes cannot be related to the investigation of Ripple.
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