SEC wants court to force Ripple to produce financial statements

THE commission said THE request was related has A July decision In which A judge said XRP only qualified as A security When sold has institutional investors.
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Lawyers with THE United States Securities And Exchange Commission to have deposit A movement In federal court to attempt has constrain Ripple has produce certain documents related has It is enforcement action.

In A Jan. 11 deposit In THE WE. District Court For THE From South District of New York, THE SECOND request Judge Sarah Clean burn issue A order demanding Ripple has produce financial declarations Since 2022 has 2023 And « post-complaint contracts governing 'Institutional Sales.'" THE commission said THE contracts containing information on institutional sales were concerning A July 2023 decision In which A judge said XRP (XRP) only qualified as A security When sold has institutional investors.

"THE SECOND requests This limit And target Discovery has help Judge Torres In determine if, having find Ripple responsible For violate Section 5 of THE Securities Act of 1933, [...] THE Court should impose relief such as injunctions And civil penalties And, as has THE last, In What Rising," said THE deposit.

Source: Court Auditor
Ripple deposit A movement on Jan. 11 asking A additional two days (Jan. 19 instead of Jan. 17) has answer has THE DRY movement has constrain.

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SEC wants court to force Ripple to produce financial statements

THE commission said THE request was related has A July decision In which A judge said XRP only qualified as A security When sold has institutional investors.

SEC wants court to force Ripple to produce statements

News Join We on social networks

Lawyers with THE United States Securities And Exchange Commission to have deposit A movement In federal court to attempt has constrain Ripple has produce certain documents related has It is enforcement action.

In A Jan. 11 deposit In THE WE. District Court For THE From South District of New York, THE SECOND request Judge Sarah Clean burn issue A order demanding Ripple has produce financial declarations Since 2022 has 2023 And « post-complaint contracts governing 'Institutional Sales.'" THE commission said THE contracts containing information on institutional sales were concerning A July 2023 decision In which A judge said XRP (XRP) only qualified as A security When sold has institutional investors.

"THE SECOND requests This limit And target Discovery has help Judge Torres In determine if, having find Ripple responsible For violate Section 5 of THE Securities Act of 1933, [...] THE Court should impose relief such as injunctions And civil penalties And, as has THE last, In What Rising," said THE deposit.