The SEC asserts that Ripple was well aware of the fact that XRP is an unregistered security and knowingly chose to break the law.
U.S. District Judge Analisa Torres delivered a blow to the defendants by issuing a court order to unseal the memos in question on Feb. 17. The defendants fought hard to keep the documents in question under seal, arguing that they contained sensitive information.is in the right, it will certainly bolster the company’s pivotal fair notice defense. If the documents show that Ripple knowingly decided to violate security laws, it would be a massive blow to its already fragile case against the SEC.
That read up is a bit far fetched at the end saying Ripples case is fragile!
TAIGxrp If the judge forces them to release the docs they will say they were 'forced' to pull the case because the jdge was setting a wrg precedent that endngred their abilities to regulate in the fut. If the judge agrees they have good precedent to hide all their drty laundry in futr
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