{"id":22685,"date":"2022-07-13T02:09:49","date_gmt":"2022-07-13T02:09:49","guid":{"rendered":"http:\/\/egrowonline.com\/?p=22685"},"modified":"2022-07-13T02:09:49","modified_gmt":"2022-07-13T02:09:49","slug":"ripple-labs-wins-access-to-sec-documents-in-xrp-crypto-fight","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=22685","title":{"rendered":"Ripple Labs Wins Access to SEC Documents in XRP Crypto Fight"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"\">\n<header class=\"TheArticle_header_R8qvI\"><\/header>\n<p><span>July 13, 2022, 12:17 AM<\/span><\/p>\n<aside data-test=\"article-toolbar\" class=\"TheArticleToolBar_buttons_1KnBV TheArticle_toolBar_3aGVC\"><\/aside>\n<article data-test=\"article-body\" class=\"TheArticle_article_1WieB\">\n<aside class=\"TheArticleSnapshot_snapshot_1dMDc\">\n<ul>\n<li>Agency argued attorney-client privilege shields the documents<\/li>\n<li>Judge rules primary purpose was not to provide legal advice<\/li>\n<\/ul>\n<\/aside>\n<div class=\"TheArticle_wrapperCta_36F7M\">\n<div>\n<div class=\"QvNnGjy8J7gi\">\n<div>\n<p>Ripple Labs Inc. won access to Securities and Exchange Commission documents to defend against the agency\u2019s suit accusing it of misleading investors about its XRP cryptocurrency.<\/p>\n<p>The SEC argues Ripple co-founder Christian Larsen and Chief Executive Officer Bradley Garlinghouse were \u201creckless\u201d in their claims XRP isn\u2019t a regulated security. After privately reviewing internal SEC documents the two men are pursuing, U.S. District Judge Sarah Netburn in Manhattan on Tuesday rejected the agency\u2019s argument that they\u2019re protected by attorney-client privilege.<\/p>\n<p>\u201cThe predominant purpose of the communications was not to provide legal advice to aid the SEC in conducting the public\u2019s business,\u201d &#8230;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<aside data-test=\"article-side-rail\" class=\"TheArticle_sideRail_1WlzC\">\n<div data-test=\"article-contributor\" class=\"TheArticlePersonCard_card_2_q5p\"><img decoding=\"async\" src=\"https:\/\/db0ip7zd23b50.cloudfront.net\/dims4\/default\/a804ee6\/2147483647\/legacy_thumbnail\/80x80%3E\/quality\/90\/?url=https%3A%2F%2Fbspot-prod.bna.com%2Forca%2Fapi%2Frendition%2Fshow%2F2908835%2Forca77428.png\" alt=\"Joel Rosenblatt\" class=\"TheArticlePersonCard_avatar_3dY3N\" \/><\/p>\n<div>\n<p> Joel Rosenblatt <\/p>\n<p>Bloomberg News<\/p>\n<\/div>\n<\/div>\n<\/aside>\n<div aria-hidden=\"true\" class=\"TheArticle_printFooter_2q7yt\">\n<p> \u00a9 2022 The Bureau of National Affairs, Inc. <\/p>\n<p>All Rights Reserved<\/p>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/news.bloomberglaw.com\/banking-law\/ripple-labs-wins-access-to-sec-documents-in-xrp-crypto-fight\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>July 13, 2022, 12:17 AM Agency argued attorney-client privilege shields the documents Judge rules primary purpose was not to provide legal advice Ripple Labs Inc. won access to Securities and Exchange Commission documents to defend against the agency\u2019s suit accusing it of misleading investors about its XRP cryptocurrency. The SEC argues Ripple co-founder Christian Larsen [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22686,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[45],"tags":[3757,62,9714,64,538,265,605,791,58],"class_list":["post-22685","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-access","tag-crypto","tag-documents","tag-fight","tag-labs","tag-ripple","tag-sec","tag-wins","tag-xrp"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/07\/Fallback-image.png","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/22685","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22685"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/22685\/revisions"}],"predecessor-version":[{"id":22687,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/22685\/revisions\/22687"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/22686"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22685"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}