The SEC asks Ripple for financial data and sales contracts in their ongoing legal dispute to strengthen their case.
Ripple responds by saying recent financial info is irrelevant, and they won’t dispute their ability to pay penalties.
In the ongoing legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC), the SEC has recently requested Ripple to provide its financial statements for 2022 and 2023, along with Ripple’s contracts related to institutional sales. The SEC requested access to Ripple’s institutional sales contracts that have been in effect since the SEC initiated legal proceedings against the company in late 2020.
#XRPCommunity #SECGov v. #Ripple #XRP Ripple has filed a Motion to File a Sur-Reply regarding the SEC’s Motion to Compel. The proposed sur-reply is attached.https://t.co/VhHp5lFO1x
— James K. Filan (@FilanLaw) January 24, 2024
This comes amid a correspondence war between the two parties and the SEC’s ongoing enforce
