Judge Netburn will likely have no choice but to force the SEC to release its documents on Bitcoin, Ethereum, as well as internal documents on XRP.
The SEC issued a statement to an XRP holder as recently as October 2020 that a decision on whether to classify it as a security was open.
In the legal battle between the U.S. Securities and Exchange Commission, SEC and Ripple, both parties continue to provide an uninterrupted exchange of blows. In a letter sent yesterday to Magistrate Judge Sarah Netburn, Ripple’s lawyers write that the SEC’s refusal to release its documents on the classification of Bitcoin (BTC) and Ethereum (ETH) is based on a “mischaracterizing” of the facts and “a self-serving prediction of this case’s outcome”.
The Ripple lawyers give reasons why the documents on BTC and ETH, as well as the SEC’s internal documents on BTC, ETH and XRP, are relevant. According to the letter, Ripple attorneys are looking for evidence that the agency contributed to “wi
