In a letter filed to a New York court Friday, US Securities and Exchange Commission attorney Jorge Tenreir complained that Ripple has not disclosed data that the SEC requires to work out whether the crypto payments company committed $1.3 billion worth of securities violations.
The SEC has already analysed wallet addresses associated with the Ripple CEO Brad Garlinghouse and co-founder Chris Larsen, and found that hundreds of millions of XRP were transferred (either directly or indirectly) to at least a dozen non-US crypto exchanges.
But Ripple has “not turned over a single document concerning a non-U.S. domiciled digital asset account or otherwise explained the significance of these XRP transfers,” read the SEC’s letter, addressed to US District Court Judge Sarah Netburn.
The SEC can’t obtain such records from Ripple or any other third party; crypto exchanges are the only ones who have information about intraday XRP sales, it said. The SEC needs that information to determine w
Źródło: https://decrypt.co/69016/the-sec-wants-what-it-cant-get-ripples-foreign-trading-data
