Notes

Some Known Details About Cryptocurrency Company Ripple Is Sued by SEC - The New


<h1 style="clear:both" id="content-section-0">Annual Report - Issue 31 - Page 519 - Google Books Result Things To Know Before You Get This<br><img width="428" src="https://insidebitcoins.com/wp-content/uploads/2020/04/XRPUSD_08042020.png"><br></h1>
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<p class="p__0">In the current development in the legal battle in between the United States Securities &amp; Exchange Commission (SEC) and Ripple Labs, the blockchain firm has actually filed a motion to oblige the federal government agency to turn over internal files related to cryptocurrencies, including Bitcoin, Ethereum and XRP. Research It Here to force the securities regulator to turn over documents has been a tug of war, as the SEC has been refusing to produce the records regardless of Judge Sarah Netburn's reiteration last month.</p>
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<p class="p__1">Ripple case, the cross-border remittance firm had actually landed a victory in early April when it won in a discovery hearing that would force the financial watchdog to hand over its internal files on Bitcoin, Ether and XRP. While Ripple seeks to find files where XRP is mentioned by the securities regulator as a "virtual currency" comparable to Bitcoin and Ethereum, the SEC has actually as soon as again withstood.</p>
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<p class="p__2">Ripple Labs specified that for the 3rd time, the court ought to need the firm to produce the interactions with third parties and should grant "any extra relief it deems suitable due to SEC's duplicated noncompliance." The defendant's motion asks the court to buy the regulator when again to search and produce all documents associated with Bitcoin, Ether and XRP from the SEC's Fin, Center electronic mailbox, along with the agency's trading policies associated with digital possessions and virtual currencies before the due date of June 18, 2021.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://image.coinpedia.org/wp-content/uploads/2021/03/22113106/ripple-sec.webp" alt="SEC vRipple: Here's how two 2012 memos can turn the tide in the milestone crypto case"><span style="display:none" itemprop="caption">Ripple Vs SEC : Ripple Gets a Setback in Lawsuit Against SEC</span>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://www.finextra.com/finextra-images/top_pics/xl/ripple-2.jpg" alt="Ripple vs SEC Saga' Documentary to be Launched in Metaverse - Variety"><span style="display:none" itemprop="caption">SEC Preventing XRP Holders From Partaking In The Ripple Lawsuit - The Coin Republic: Cryptocurrency , Bitcoin, Ethereum &amp; Blockchain News</span>
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<h1 style="clear:both" id="content-section-1">Ripple's Historic Showdown on SEC Cryptocurrency Can Be Fun For Everyone<br></h1>
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<p class="p__3">The blockchain company stated: The SEC has consistently postponed its production while informing Judge Torres that the purchased discovery was "unimportant and needless," ECF No. 205 at 14, and asking the Court to extend the discovery due dates based, inter alia, on the truth that Accuseds "have raised a variety of concerns concerning the SEC's review and production of internal files and communications responsive to Judge Netburn's April 6, 2021 order.</p>
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