Ripple has been handed yet another small victory in its legal battle with the Securities and Exchange Commission (SEC) over the sale and classification of cryptocurrency XRP. After granting Ripple access to internal SEC communications last week, the presiding judge has now denied a motion to publish financial records linked with Ripple co-founder Chris Larsen and CEO Brad Garlinghouse, who are named defendants in the case. The SEC had hoped the financial data may help advance its case against Ripple and its executives, who stand accused of violating federal securities law through the ongoing sale of XRP to the public. Check out our list of the best crypto wallets right now Here’s our list of the best mining rigs available We’ve built a list of the best mining GPUs out there However, it was decided the disclosure would represent an unwarranted invasion of privacy and that funds delivered from crypto exchanges to the defendants could not be tied categorically to the sale of XRP. "The SEC's belief that the Individual Defendants' banking records might show evidence of a speculative transaction that could have occurred (and that the Individual Defendants are not providing in their XRP transaction records) is not a… Read full this story
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