Ripple requests deadline extension, citing voluminous SEC document demands

Ripple requests deadline extension, citing voluminous SEC document demands

Ripple has requested an extension until Feb. 20 to provide the U.S. Securities and Exchange Commission (SEC) with the essential financial documents the court approved.
“Ripple requests this extension because, absent a brief extension of the current deadline, Ripple would have just one week in which to produce responses to discovery requests that seek a large volume of documents and cover the entire post-complaint period,” the firm said.
According to a Feb. 6 court filing shared on the social media platform X by pro-crypto lawyer James Filan, the company revealed its intention to comply with Judge Sarah Netburn’s ruling but requires additional time to gather and provide contracts related to XRP sales to institutional buyers, hedge funds, and ODL customers over a three-year period.
“Ripple intends to produce available financial statements and serve a response to the SEC’s interrogatory about post-complaint proceeds from pre-complaint contracts by the current fact discovery dead

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