In the case between the SEC and Ripple, an important statement came from the SEC in terms of the course of the case. Lawyer Jeremy Hogan, who has been following the process closely since the beginning and has consistently stated that he finds the Ripple side right, also shared the official file on his Twitter account and presented the SEC’s securities assessment on XRP to his followers.
“SEC finally agreed”
Stating that the SEC had made it clear that it had not made any comment on XRP to any 3rd party before suing the Ripple company, attorney Hogan said, “Yes, they finally agreed.” The statement of the SEC in the case file on the subject is as follows:
“The Commission acknowledges that many parties raised questions about XRP before this lawsuit was filed. However, the Commission did not give a positive or negative answer to anyone on this issue.
As seen in the statement, the SEC says, “We didn’t say ‘securities or not’. Attorney Hogan says there is now an official document in the case file stating that the SEC at least did not respond to inquiries and that it could not call XRP a security:
“This will now be considered an official admission in the case”
Ripple requests transactions from SEC employees
As it is known, Ripple has recently fallen upon the issue of whether the SEC allowed its employees to trade Bitcoin, Ethereum and XRP before. The company had requested court judge Sarah Netburn for the second time in a row that it should be mandatory to provide information about SEC employees. The SEC, on the other hand, takes refuge in privacy law and states that it does not want to disclose information.
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