Ripple’s Defense Asks Court to Deny SEC’s Argument to Withhold Documents
Ripple’s lawyers are asking the court to reject a request from the U.S. Securities and Exchange Commission (SEC) to be able to withhold certain documents. They say the SEC deliberately “misread” an order rejecting that request.
In a letter dated April 21, the SEC stated that the court should “bar Defendants from seeking irrelevant, privileged SEC staff materials that this Court already ruled are not discoverable.” However, Ripple’s lawyers say that the court already rejected the arguments the SEC posed.
They also say that the SEC did not seek a reconsideration within the allowed fourteen-day period.
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