SEC Objects to Ripple's Amendment Request in XRP Case
CryptoNewsTerminal Staff21 May, 2024
SEC Objects to Ripple's Amendment Request in XRP Case
The US Securities and Exchange Commission (SEC) has objected to Ripple's request to amend its expert testimony in the ongoing XRP lawsuit. The SEC claims that Ripple's request aims to conceal crucial information after the court previously ruled that Ripple sold investment contracts. Ripple is expected to provide full financial disclosure. The specific evidence that Ripple sought to amend remains undisclosed. The SEC's objection highlights the contentious nature of the case, with both parties vigorously defending their positions.
