• Ripple is attempting to preserve critical business information in its legal battle with the SEC, underlining possible dangers to its connections and market status.
• The ruling of Ripple’s case against the SEC could set a precedent for how digital assets are regulated.
• Despite legal challenges, Ripple’s XRP remains stable in price and trading volume, indicating resilience.

James K. Filan, a defense lawyer, claimed that Ripple, the blockchain firm that created the XRP cryptocurrency, has filed a motion to seal some of the documents related to its ongoing legal case with the United States Securities and Exchange Commission (SEC).

The request aims to safeguard sensitive details such as financial statements and business connections from public exposure. Moreover, Ripple asserted that the redacted information would not significantly impact the court’s decision-making process regarding the motion for Judgment and Remedies.

The SEC di…

The post Ripple Moves to seal Documents in SEC’s Battle: What’s Behind the Sealed Documents? appeared first on Coin Edition.

• Ripple is attempting to preserve critical business information in its legal battle with the SEC, underlining possible dangers to its connections and market status.
• The ruling of Ripple’s case against the SEC could set a precedent for how digital assets are regulated.
• Despite legal challenges, Ripple’s XRP remains stable in price and trading volume, indicating resilience.

James K. Filan, a defense lawyer, claimed that Ripple, the blockchain firm that created the XRP cryptocurrency, has filed a motion to seal some of the documents related to its ongoing legal case with the United States Securities and Exchange Commission (SEC).

The request aims to safeguard sensitive details such as financial statements and business connections from public exposure. Moreover, Ripple asserted that the redacted information would not significantly impact the court’s decision-making process regarding the motion for Judgment and Remedies.

The SEC di…

The post Ripple Moves to seal Documents in SEC’s Battle: What’s Behind the Sealed Documents? appeared first on Coin Edition.