The legal dispute between Ripple and the SEC continues with full force as the payment processor has requested the Commission to produce documents regarding Bitcoin and Ethereum – as they were officially deemed not to be securities.
At the same time, thousands of XRP holders have asked the federal judge in charge to serve as third-party defendants as well.
Ripple Seeks Documents on BTC and ETH
The latest developments in the Ripple vs. the SEC lawsuit came to light yesterday following a new letter sent to Judge Analisa Torres by the blockchain-based company.
In it, Ripple’s lawyers have asked Judge Torres to require the Securities and Exchange Commission to produce documents concerning the agency’s perception and definition of the two largest cryptocurrencies – BTC and ETH.
The payment processor claimed that the “economic substance” of transactions completed with the XRP token is no different than that of BTC and ETH. However, the SEC was quick to respond and said that the do
Źródło: https://cryptopotato.com/ripple-seeks-documents-on-bitcoin-and-ethereum-from-the-sec/
