Ripple Opposes SEC’s Backer Redactions; Will Watchdog Reply? – Crypto News – Crypto News
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Ripple Opposes SEC’s Backer Redactions; Will Watchdog Reply? – Crypto News

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Defendants in the XRP lawsuit, Ripple labs, Brad Garlinghouse and Chris Larsen on Wednesday filed a letter opposing the request of the US SEC’s supporter. This development comes as the much awaited Summary Judgment closes in.

The latest court filings revealed that the defendants are opposing the letter motion by the “Investment Banker Declarant”. The declarant is seeking to redact his declaration in order to hide his details from public view in the XRP lawsuit. These details include his name, positions and information about his employer.

Ripple mentioned that the Declarant himself filed a declaration supporting the SEC’s motions for Summary Judgment. Defendants claim that this move leaves the Declarant no basis to request the court to conceal his name, position and other details.

Defendant asked the court to order the SEC’s backer declaration to be publicly filled.

The post Ripple Opposes SEC’s Backer Redactions; Will Watchdog Reply? appeared first on CoinGape,

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