The latest development in the XRP lawsuit saw Ripple file an opposition to the SEC’s Letter Motion Compelling discovery of recordings of defendants’ internal meetings, where Garlinghouse, Larsen & other key employees spoke on topics relevant to disputes in the lawsuit. Ripple has argued that the SEC’s boil-the-ocean demand is flatly incompatible with the Federal Rules. Furthermore, the defense claimed that the plaintiff’s request is disproportionate, given the massive amount of material already produced in discovery.
#XRPCommunity #SECGov v. #Ripple #XRP Ripple files its opposition to the SEC’s Motion to Compel Ripple to search and produce recordings of Ripple meetings where Garlinghouse, Larsen & other key employees spoke on topics relevant to disputes in lawsuit. https://t.co/jktIei0wRm
— James K. Filan License.