The battle between Ripple (XRP) and the Securities and Exchange Commission (SEC) is still ongoing.
The SEC filed an additional petition for access to some audio and video recordings of meetings of Ripple employees on the last day of August.
Ripple refused to provide these files and argued that the petition was filed too late. In addition, the company stated that the Securities and Exchange Commission had known about the existence of these records for some time and never actively requested them. As a result, an agreement was reached that Ripple would provide all records requested by the SEC.
The Commission will have access to audio recordings of certain meetings during which Ripple employees discussed the beginning of the investigation, the company's strategy amid the fall in the price of XRP in February 2018, and centralization of cryptocurrencies in March 2020.
In early September, regulatory oversight gained access to internal messages of Ripple employees in Slack messenger. The agency claims that messages from company employees on popular business communication platforms may contain important and unique evidence related to the case.
Ripple, in turn, received permission to review SEC documents.
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