Popular Post HAL1000 Posted August 10, 2021 Popular Post Share Posted August 10, 2021 From Filan - Parties tee up deliberative process privilege dispute with respect to documents withheld by the SEC based on the SEC's assertion of the privilege; file joint request for 8 page letters addressing issue. J Hogan's input on the above and my previous post:- The request for "Slack" messages goes to issue #1 - whether XRP is a security - and now we see a major part of the SEC's strategy! It is attacking from the flank and arguing Ripple marketed and treated XRP like a security and therefore it is. See footnotes on pg.4. The SEC has had some success with this argument in the past and it makes sense as a strategy since in all substantive ways XRP is NOT like a security. We will need to see Ripple's response before taking a gander as to whether the court will order production of the documents. In this litigation 8 pages is a large brief so seems like some complicated privilege issues have arisen. I am interested to see what they might be. Cutting it close: this needs approval, then filing, then a reply, then obtain a hearing date - all before the 31st! James K. Filan Ripple files a request for extension of time, until Monday, August 16, 2021, to respond to the SEC's emergency motion regarding the Slack communications discovery dispute. So to sum up, I don't get paid enough, for all this work, this has been one very busy news day. So please leave a like and subscribe below and sign up for my non-existent Patreon service, why should you, because it pisses off the noisy negativist's on here (hi B088IN, if this annoys you then go get a life and stop reading my stuff) LOL. PunishmentOfLuxury, Zerpiet, Julian_Williams and 14 others 11 1 5 Link to comment Share on other sites More sharing options...
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