Blockchain giant Ripple has accepted the SEC’s request for its internal records. Recordings will include public meetings since the fourth quarter of 2014.
The request of the US Securities and Exchange Commission (SEC) for video and audio recordings of Ripple meetings was accepted by Ripple. As it is known, the SEC took action to record the Ripple meetings on August 31. The SEC will also have access to the company’s records, which include its views on XRP price drops and the centralization of crypto assets, as well as company officials’ discussions about the investigation.
While the SEC argued that they were not informed about the existence of such records, Ripple’s lawyers described the SEC’s request as “overdue” and claimed that it specifically waited until early August to request it. Ripple has also stated that the demand will be higher as the meeting records cover a period of 8 years. “extremely burdensome” argued that.
Now Ripple and the SEC will discuss the scope of these registrations.
Earlier in September, the SEC also gained access to Ripple’s internal Slack messages.
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