American watchdog, the Securities and Exchange Commission (SEC) has won its dispute against blockchain payments firm Ripple Labs Inc. over access to the latter’s financial statement.
US Court Rules in Favor of SEC
The Magistrate Court Presided over by Judge Sarah Netburn has consented to a motion filed earlier in January by the SEC compelling the crypto payment firm Ripple to produce its 2022-2023 financial statements. The regulators also requested post-complaint contracts governing institutional sales of XRP as well as answers to questions regarding the amount of XRP institutional sales proceeds it received.
All of these requests have been approved by the U.S. District Court for the Southern District of New York.
NEW: The @SECGov has won its motion to compel @Ripple to produce its 2022-2023 financial statements, post-complaint contracts governing institutional sales of $XRP, and answer questions regarding the amount of $XRP institutional sales proceeds it received. pic.twitter.co
We współpracy z: https://coingape.com/breaking-sec-bags-win-over-ripples-financial-statement-dispute/
