BREAKING: Ripple Scores First Legal Victory Against SEC as Judge Grants Its Motion to Compel Discovery
Magistrate Judge Sarah Netburn has granted Ripple's motion to compel the production of documents related to Bitcoin and Ethereum during today's conference, delivering a blow to the U.S. Securities and Exchange Commission.
As reported by U.Today, Ripple filed the motion to compel on March 15, accusing the SEC of withholding evidence.
However, the regulator claimed that the documents were not relevant to the case.
Ripple was sued by the SEC in December over its illegal XRP sales.
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