Ripple insists that the U.S. Securities and Exchange Commission has to answer its requests for admission since they are relevant to the defendants’ “fair notice” defense.
Requests for admission are a discovery tool that is deployed in order to make the opposing party admit certain facts under oath.
The SEC is seeking a protective order that will allow it not to provide answers to the defendants’ RFAs. The plaintiff has estimated that responding to all of the 29,947 “abusive” and “oppressive” requests submitted by Ripple would take 473 days.
Advertisement
Alex DovbnyaThe Court should deny the SEC’s motion and direct the SEC to reply within 30 days.
MicroStrategy Has 90% Chance of Being Added to Nasdaq 100XRP: Critical Pattern Emerging, Ethereum (ETH) Not Giving Up, Major Solana (SOL) Support HereBillionaire Peterffy: 'Anybody Who Does Not Have Bitcoin Should Have Some Bitcoin'Bitcoin Reclaims $100K as MicroStrategy's Saylor Rejects Idea of Taking Gains
Ripple contends that the requests will “significantly narrow” the issues for the trial.
Advertisement
Dan Burgin
Vladislav Sopov