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Ripple argues SEC stalls case amid refusal to hand over Bitcoin, Ether and XRP documentsCryptos |
6/7/2021 2:41:20 AM GMT
Ripple Labs has recently filed a motion to compel the United States Securities & Exchange Commission to hand over internal documents on the leading cryptocurrencies.
The SEC has repeatedly refused to produce records on Bitcoin, Ether and XRP.
Judge Sarah Netburn reaffirmed and clarified her order on the case just last month.
In the latest development in the legal battle between the United States Securities & Exchange Commission (SEC) and Ripple Labs, the blockchain firm has filed a motion to compel the government agency to turn over internal documents related to cryptocurrencies, including Bitcoin, Ethereum and XRP.
Jun 3, 2021 04:11 GMTCrypto News
Six months into the lawsuit and after two and a half years of investigation, the United States Securities & Exchange Commission has requested an extension for discovery in the SEC v. Ripple case.
The agency has asked the court to extend the deadlines for discovery for two months.
Attorneys familiar with the case indicate that the regulator took enforcement action before completing its initial investigation.
Six months after the lawsuit was filed by the United States Securities & Exchange Commission (SEC) against Ripple Labs, the agency has requested that the court extend the deadlines for discovery by 60 days.
SEC requires another two months for investigation
The SEC had amended its complaint from the sale of XRP as unregistered security to the US public to public investors all over the world. Ripple Labs has filed a motion in response to requesting documents from offshore exchanges which the council believes will prove that the executives of Ripple Labs
Vancouver, British Columbia (Newsfile Corp. - June 3, 2021) - Oculus VisionTech Inc. (TSXV: OVT) (OTCQB: OVTZ) (FSE: USF1), an emerging data compliance innovator, is pleased to announce and welcome Spencer