SBI-owned TaoTao exchange in Japan relists XRP
While the SEC is investigating XRP’s status in the United States, the asset has been adopted by Ripple Labs’ key partner, the SBI Group in Japan. As a result of this critical relationship, XRP has not yet been declared a cryptocurrency in the country. This was evident in the relisting of XRP by a number […]
Judge Sarah Netburn orders Ripple to produce one million missing Slack messages
In order to comply with the SEC’s request, Ripple must now submit terabytes of Slack messages that were previously withheld owing to an apparent data error. The Securities and Exchange Commission (SEC) has requested access to one million missing Slack chats between Ripple employees, and U.S. Magistrate Judge Sarah Netburn has ordered the cryptocurrency exchange […]
Ripple files motion to reveal SEC employees’ XRP holdings
As part of its ongoing legal struggle with the Securities and Exchange Commission, Ripple has filed a motion to compel the securities regulator to reveal its internal cryptocurrency trading procedures. James Filan, an attorney who has been following the SEC’s lawsuit against Ripple closely, has published a new motion document that seeks to clarify whether […]
XRP litigation update: Court grants Ripple and the SEC’s request for an extension
According to Judge Sarah Netburn, Ripple and the SEC were successful in their request to extend the time for expert discovery. It was initially brought to our attention by James K. Filan, who revealed that the court had also granted an extension for submitting pre-motion letters in connection with a summary judgment action. A deadline […]
The SEC asks Ripple to provide its Slack messages
In the Ripple-SEC case, the Securities and Exchange Commission (SEC) of the United States has filed a motion for Ripple to provide the history of its communication on Slack. Judge Sarah Netbrun of the Southern District of New York was asked by the SEC to require the firm to search for and produce pertinent conversations […]