24/7 Cryptocurrency News

SEC Fights Back Ripple’s Motion To Unseal Experts’ Document

The SEC defended itself over Ripple’s assertion over dodging from the criticism of its experts in front the public.
Published by
SEC Fights Back Ripple’s Motion To Unseal Experts’ Document

The U.S. Securities and Exchange Commission (SEC) has filed its response to Ripple’s motion to speed up the briefing related to the motion to exclude expert testimony. The authority highlights that the Defendants haven’t met and conferred with them on their proposed schedule.

Advertisement

Ripple rejected similar proposed plan

Meanwhile, the SEC mentions that they do not object to the proposed schedule. However, It wants to reply to the defendant’s contentions. It added that last week, the parties engaged in huge negotiations related to confidentiality over the experts and their materials.

As per the motion, the commission had suggested a similar schedule proposed by the Ripple and defendants. However, the accused rejected that and held on to file their motions on the public docket on July 12.

It mentioned that the Defendants requested the authority to provide proposed confidentiality redactions to its experts’ reports. Meanwhile, Ripple rejected to match the proposal over their own experts’ documents.

Advertisement

SEC defends expert’s details

The SEC defended itself over Ripple’s assertion over dodging the criticism of its experts in front of the public. The Commission highlighted that they simply sought a few more days to conduct a thorough review of the briefings.

However, the watchdog has submitted the proposed schedule by the defendants that would be filed on the public docket is appropriate under the circumstances. Meanwhile, the SEC hopes that both parties will agree on a majority of the suggested sealing requests.

The authority is expecting that the Court will guide this issue to make it clear what the Defendants want to oppose. To rule over this issue, the courts have two related applications filed by the SEC. It is done to seal the information regarding the testimony of the experts. while it mentioned that they are subject to heavy harassment and threats.

It added that SEC submit that the parties should meet and confer, and discuss the sealing of the documents.

Advertisement

Share
Ashish Kumar

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at ashish@coingape.com

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

VanEck Registers Lido Staked Ethereum Trust in Delaware, LDO Up 7%

VanEck has formally registered its VanEck Lido Staked Ethereum ETF in Delaware. If approved, this…

October 3, 2025
  • 24/7 Cryptocurrency News

Fed’s Lorie Logan Urges Caution on Further Rate Cuts Citing Inflation Risks

Federal Reserve Bank of Dallas President Lorie Logan is the latest Fed official to share…

October 3, 2025
  • 24/7 Cryptocurrency News

Nasdaq-Listed Fitell Adds Pump.fun’s PUMP To Supplement Solana Treasury

Australia’s Fitell Corporation has purchased 216.8 million PUMP tokens for $1.5 million. The Nasdaq-listed company…

October 3, 2025
  • 24/7 Cryptocurrency News

FG Nexus to Tokenize Stock on Ethereum as SEC Weighs 24/7 Onchain Stock Trading

FG Nexus has announced that it will allow shareholders to convert common stock into tokenized…

October 2, 2025
  • Bitcoin News

Bitcoin Still Undervalued, JPMorgan Forecasts Rally to $165,000

JPMorgan says Bitcoin (BTC) is undervalued compared to gold and could rise to $165,000, giving…

October 2, 2025
  • 24/7 Cryptocurrency News

Breaking: CME to Launch 24/7 Crypto Futures Trading Amid Rising Institutional Demand

Derivatives exchange CME Group has announced plans to begin offering 247/7  crypto futures and options…

October 2, 2025