Ripple Believes Two 2012 Memos Will Bolster Its Case Against SEC

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Ripple Believes Two 2012 Memos Will Bolster Its Case Against SEC
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The Ripple v. SEC case is approaching a critical point XRP

The SEC asserts that Ripple was well aware of the fact that XRP is an unregistered security and knowingly chose to break the law.

U.S. District Judge Analisa Torres delivered a blow to the defendants by issuing a court order to unseal the memos in question on Feb. 17. The defendants fought hard to keep the documents in question under seal, arguing that they contained sensitive information.is in the right, it will certainly bolster the company’s pivotal fair notice defense. If the documents show that Ripple knowingly decided to violate security laws, it would be a massive blow to its already fragile case against the SEC.

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