Law360 (February 22, 2021, 6:22 PM EST) — The blockchain firm Ripple told a New York federal judge Monday that it wants to see the U.S. Securities and Exchange Commission’s internal discussions about its embattled digital asset.
Ripple’s counsel said during the first hearing for the SEC’s landmark enforcement action against the company that it was contemplating a motion to compel the agency to turn over documents related to its internal discussions — and discussions with third parties — about whether it considered Ripple’s signature digital token, XRP, to be an investment contract subject to securities laws.
Matthew Solomon, an attorney for Ripple CEO Bradley Garlinghouse, said Monday that…
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!
