XRP lawsuit: Why this move is ‘burdensome and highly disproportionate’

The SEC v. Ripple lawsuit is yet again trending with Ripple recently responding to the SEC’s emergency request for a “pre-motion conference,” demanding Slack communications of Ripple employees. In a letter to Magistrate Judge Sarah Netburn, lawyers representing Ripple (the “Defendant”) termed SEC’s extraordinary demand as an “extensive and costly fishing expedition that would likely […]