BREAKING: Ripple Scores Another Win Against SEC as Judge Leaves Its Lobbying Efforts Under Wrap

The court has denied the SEC’s request for documents related to Ripple’s lobbying efforts

Tue, 06/15/2021 - 15:07

Magistrate Judge Sarah Netburn has denied the U.S. Securities and Exchange Commission’s request for documents related to Ripple’s lobbying efforts.

This comes after the court prohibited the agency from getting its hands on the legal advice the company sought or received regarding XRP’s regulatory status last month.

In her June 15 order, the judge states that Ripple’s lobbying efforts “are not relevant,” reiterating her previous stance:

About the author

Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

BREAKING: Ripple Scores Another Win Against SEC as Judge Leaves Its Lobbying Efforts Under Wrap

"Key" Bitcoin Definition Issued by Michael Saylor As BTC Stages Decline

Robinhood Issues Crucial Announcement for Polygon (MATIC) Community

Base From Coinbase About to Explode With Liquidity as Most Hyped Airdrop Is Coming