By Casey Wagner. (Blockworks). January 25, 2024.
The court has handed down its summary judgment and dropped the remaining charges in the case between the Securities and Exchange Commission and Ripple Labs. Despite these developments, the years-long legal battle is far from over.
Ripple and the SEC continued to spar this week over one of the final steps of the case: what documents the cryptocurrency issuer has to surrender so the court can hand down injunctions and civil penalties.
The SEC has asked the judge to order Ripple to release its financial statements from 2022 and 2023, and contracts pertaining to institutional sales that are dated after the securities regulator filed its initial complaint in December 2020.
Read more here: Blockworks.