Борьба Ripple против SEC: новые заявления

The latest news on Ripple vs SEC: both sides have filed new statements The Securities and Exchange Commission (SEC) and Ripple have filed new statements related to the ongoing legal battle. Both sides remained silent for over a month after the federal court ordered the trial to proceed according to their ongoing legal case schedule. The silence of both parties for nearly two months caused concern among XRP supporters. Specifically, SEC and Ripple have finally broken their silence by submitting new statements in the case. SEC demands important documents from Ripple In a letter dated January 11th, sent to Magistrate Sarah Netburn, the Securities and Exchange Commission requested that Ripple provide its audited financial statements for the years 2022 to 2023. Additionally, SEC also wants Ripple to submit its post-announcement institutional sales contract. SEC emphasized that the post-announcement contract it is seeking pertains to `institutional sales` transactions that the court recognized as securities in July 2023. According to SEC, these documents will help Judge Analisa Torres determine whether sanctions such as injunction and monetary penalties should be imposed by finding Ripple liable for violating US securities laws. Ripple requests an extension In response to this, the popular cryptocurrency company filed its own statement a few hours later, requesting an additional two working days to respond to SEC`s motion to compel. As noted by experienced attorney James K. Filan, Ripple wants the court to extend the response deadline until January 19th. #XRPCommunity #SECGov v. #Ripple #XRP @Ripple has filed a Motion for Extension of Time requesting an additional 2 days, until January 19th, to respond to the @SECGov`s Motion to Compel. pic.twitter.com/mAy7mPi4gw — James K. Filan 🇺🇸🇮🇪 (@FilanLaw) January 11, 2024 It is currently unknown whether the court will grant Ripple`s request for an extension. The trial process in the Ripple vs SEC case Yesterday`s filings marked the first official statements from SEC and Ripple regarding the trial process in this legal case. The process of seeking compensation in the SEC vs Ripple case is in the discovery phase, which is expected to be completed by February 12th, 2024. In its latest statement, SEC stated that on November 14th, it sent Ripple `three requests for document production and nine interrogatories` regarding compensation for violations of securities sales regulations by institutions. However, Ripple refused to provide any of the requested documents, prompting the regulator to formally file a motion for enforcement, requesting two limited requests for document production and one question. These documents pertain to Ripple`s audited financial statements for the years 2022 to 2023 and the company`s written contracts regarding the sales of XRP to institutional clients after the complaint was filed. According to SEC, the interrogatory request pertains to the amount of revenue Ripple received from institutional sales after the complaint was filed.