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Category: Ripple Labs vs SEC

XRP Lawsuit: Settlement speculations rise upon SEC request for an extension to file seal

The latest update in the XRP lawsuit saw the SEC appeal for an extension to file for its letter motion to seal certain portions of Ripple’s objections and responses to the SEC’s second and third sets of interrogatories, submitted as exhibits for the Court’s consideration in support of the SEC’s letter opposing Defendants’ letter motion

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XRP Lawsuit: SEC Agrees to seal Exhibits in the Interrogatories Dispute, Here Why

The latest development in the XRP lawsuit saw the SEC agree to Ripple’s motion to seal certain portions of Ripple’s objections and responses to the SEC’s second and third sets of interrogatories. The plaintiff has filed a letter stating that it “does not oppose” Ripple’s request to seal parts of certain exhibits in the Interrogatories

The post XRP Lawsuit: SEC Agrees to seal Exhibits in the Interrogatories Dispute, Here Why appeared first on Coingape.

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XRP Lawsuit: Ripple’s appeal in the pre-clearance data dispute has been “DENIED”

The latest update in the XRP lawsuit saw the court deny Ripple’s Motion to Compel SEC to produce documents reflecting the SEC’s trading preclearance decisions of SEC employees’ transactions in Bitcoin, Ether, or XRP, as well as annual certifications concerning SEC employees’ XRP holdings. #XRPCommunity #SECGov v. #Ripple #XRP BREAKING: Defendants’ request for documents reflecting

The post XRP Lawsuit: Ripple’s appeal in the pre-clearance data dispute has been “DENIED” appeared first on Coingape.

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XRP Lawsuit: Ripple files for yet another seal

The latest development in the XRP lawsuit saw Ripple file an appeal again, for the sealing of certain Exhibits. This time around the defendants has filed a letter motion to seal limited excerpts that also include two exhibits from the Interrogatories Dispute, that the SEC filed under seal in support of its September 8, 2021,

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XRP Lawsuit: Ripple demands non-evasive responses from the SEC in Interrogatories’ Dispute

The latest development in the XRP lawsuit saw Ripple file a reply to SEC’s opposition regarding the defendant’s Motion to Compel interrogatory responses to identify SEC’s Howey Test application theory. Ripple argues that the SEC opposition constitutes evasive responses and refusal to comply with basic obligations imposed on all parties under Rule 33. #XRPCommunity #SECGov

The post XRP Lawsuit: Ripple demands non-evasive responses from the SEC in Interrogatories’ Dispute appeared first on Coingape.

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Ripple’s Garlinghouse Criticizes Gensler’s unclear testimony on securities laws

Securities and Exchange Commission (SEC) Chairman, Gary Gensler has received considerable criticism from republicans as well as the crypto community for his Tuesday’s testimony before the Senate Banking Committee. While testifying, Gensler claimed that most digital assets that are allowed to trade on crypto exchange platforms are required to register with the SEC. Gensler argued

The post Ripple’s Garlinghouse Criticizes Gensler’s unclear testimony on securities laws appeared first on Coingape.

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XRP Lawsuit: SEC files letter brief, reinstating it’s stance in DPP dispute

The latest update in the XRP lawsuit saw the plaintiff file a Letter Brief in the DPP dispute, supporting the allegedly privileged data it is keeping from Ripple. The SEC asserted that all documents that will be reviewed by Judge Netburn, in-camera are “pre-decisional and deliberative”, and henceforth protected by the Deliberative Process Privilege (DPP).

The post XRP Lawsuit: SEC files letter brief, reinstating it’s stance in DPP dispute appeared first on Coingape.

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XRP Lawsuit: SEC files further response to its letter motion compelling Ripple to produce internal recordings

The latest development in the ongoing XRP lawsuit saw the SEC file further responses to its letter motion compelling discovery of Ripple’s internal meetings’ audio-visual recordings. In the response letter, SEC noted, now that the plaintiff’s motion has been declared moot, the commission will not engage and thereafter shall not correct “various inaccuracies” in Ripple’s

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XRP Lawsuit: SEC officially admit it’s failure to inform XRP is security

The latest update in the XRP lawsuit could be grounds for the final verdict. Ripple’s first request for admissions (No.99) to the SEC, which was attached to the recent court filing unveiled the most crucial information for the lawsuit, to date. The document confirms that the SEC never informed any third parties that XRP was

The post XRP Lawsuit: SEC officially admit it’s failure to inform XRP is security appeared first on Coingape.

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XRP Lawsuit: SEC files Opposition to Letter Motion Compelling interrogatory responses

The ongoing XRP lawsuit’s latest update saw the plaintiff file an opposition to the defendant’s Motion to Compel interrogatory responses to identify SEC’s Howey Test application theory. The theory determined how the Howey test applies to all of the Defendants’ virtual transactions in XRP over the last 8 years. #XRPCommunity #SECGov v. #Ripple #XRP The

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XRP Lawsuit: Ripple responds to SEC’s Opposition against Motion to Compel pre-clearance XRP trading data

The latest update in the XRP lawsuit saw the defendants file a response, furthering their motion to compel discovery of pre-clearance XRP trading data of SEC employees. Ripple has filed an objection against SEC’s claims regarding the privacy act, the burden of production, and the irrelevance of data in the defendant’s letter motion to compel

The post XRP Lawsuit: Ripple responds to SEC’s Opposition against Motion to Compel pre-clearance XRP trading data appeared first on Coingape.

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XRP Lawsuit: Ripple files response to SEC’s letter motion compelling audio-visual data discovery

The latest development in the ongoing XRP lawsuit saw the defendants file a response to SEC’s letter motion compelling discovery of Ripple’s internal meetings’ audio-visual recordings. However, Ripple revealed that the compelled data is already under-production, and marked SEC’s Motion to Compel as “Not Ripe for Judicial Determination”. #XRPCommunity #SECGov v. #Ripple #XRP Ripple has

The post XRP Lawsuit: Ripple files response to SEC’s letter motion compelling audio-visual data discovery appeared first on Coingape.

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XRP Lawsuit: SEC files Opposition against Ripple’s Motion to Compel pre-clearance XRP trading data

The latest development in the XRP Lawsuit saw the SEC file an opposition against Ripple’s Letter Motion to Compel SEC employees’ pre-clearance XRP trading data. This motion to compel data discovery would prove that SEC employees were permitted to trade in crypto, including XRP and other digital assets. However, in its opposition letter, the SEC

The post XRP Lawsuit: SEC files Opposition against Ripple’s Motion to Compel pre-clearance XRP trading data appeared first on Coingape.

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XRP Lawsuit: Ripple back in a rut as court grants SEC motion to compel discovery in Slack dispute

The latest development in the XRP Lawsuit has come as a shock to the defendants. The court has granted the plaintiff’s Motion to Compel Discovery of Ripple’s Slack communications. #XRPCommunity #SECGov v. #Ripple #XRP 1/3 The Court grants the SEC’s Motion to Compel Production of Ripple’s Slack communications in a Text Only Order. The Order

The post XRP Lawsuit: Ripple back in a rut as court grants SEC motion to compel discovery in Slack dispute appeared first on Coingape.

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XRP Lawsuit: Ripple files letter motion to compel SEC’s interrogatory responses

Ripple and individual defendant, Larsen has filed Motion to Compel the SEC to produce the defendant’s interrogatories responses, regarding SEC’s Howey Test blanket application theory. #XRPCommunity #SECGov v. #Ripple #XRP Defendants Ripple and Larsen file Motion to Compel the SEC to answer interrogatories identifying the SEC’s theory of how the Howey Test applies to virtually

The post XRP Lawsuit: Ripple files letter motion to compel SEC’s interrogatory responses appeared first on Coingape.

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XRP Lawsuit: Securities expert, Attorney Tessler to offer technical consultancy to the court

The latest development in the XRP lawsuit saw the court granting Attorney Lilya Tessler’s plea to practice Pro Hac Vice as counsel for amicus curiae, on behalf of the Chamber of Digital Commerce. It translates to Sidley Austin LLP’s Attorney Tessler offering the court her advice in her expertise of securities offering, which happens to

The post XRP Lawsuit: Securities expert, Attorney Tessler to offer technical consultancy to the court appeared first on Coingape.

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XRP Lawsuit: SEC files another Motion to compel discovery after unveiling new information

In the latest XRP lawsuit update, the SEC has filed a Motion to Compel data discovery. The letter motion pleas to the court to compel Ripple to produce video and audio recordings of Ripple staff meetings. #XRPCommunity #SECGov v. #Ripple #XRP The SEC has filed a Motion to Compel Ripple to produce video and audio

The post XRP Lawsuit: SEC files another Motion to compel discovery after unveiling new information appeared first on Coingape.

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XRP Lawsuit: Will the SEC continue unjust litigations after making Ripple settle with a seal?

The latest development in the XRP lawsuit saw the court grant Motion to Seal in both, Slack and DPP disputes. Although, both parties pushed for a seal in their respective discovery disputes, yet Ripple may have bored the burn of the settlement. #XRPCommunity #SECGov v. #Ripple #XRP The Court has granted motions to seal regarding

The post XRP Lawsuit: Will the SEC continue unjust litigations after making Ripple settle with a seal? appeared first on Coingape.

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SEC vs Ripple: another delay added to the judgment with Court’s running Docket order

The latest update in the XRP lawsuit has pointed at a delayed verdict in lieu of a running docket order. The Court has granted the motion for extension to file pre-motion letters as for the summary judgment. It was announced on a Docket sheet with a runner, which means no specific date has been set

The post SEC vs Ripple: another delay added to the judgment with Court’s running Docket order appeared first on Coingape.

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XRP Lawsuit: Telephonic hearing scheduled in the DPP Dispute

The latest update in the XRP lawsuit saw the court order a telephone conference to discuss the Defendants’ pending motion to compel the SEC to produce certain documents it designated as privileged. The hearing is scheduled for Tuesday, August 31, 2021, with a public dial-in number that is to be posted before the conference. #XRPCommunity

The post XRP Lawsuit: Telephonic hearing scheduled in the DPP Dispute appeared first on Coingape.

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