In the midst of its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), Ripple has filed a response letter supporting its Motion to Seal papers. With this action, Ripple hopes to protect the privacy of some documents that were submitted in relation to the SEC's Motion for Judgement and Remedies.
Leading member of the $XRP community James K. Filan offered his thoughts on Ripple's latest legal manoeuvre on Thursday. Notably, Ripple contended in its filing to Hon. Analisa Torres of the US District Court in New York that the court's analysis is not affected by the disclosure of current financial records, particularly those that relate to years after the alleged malfeasance.
Notably, the business refuted the SEC's assertion that knowledge of Ripple's financial situation is essential to figuring out solutions for its
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