SEC seeks Ripple audio and video recordings of meetings discussing the lawsuit

The U.S. Securities and Exchange Commission (SEC) plans to obtain from Ripple audio and video recordings of meetings in which the ongoing lawsuit was discussed. This was reported by attorney James Filan.

#XRPCommunity #SECGov v. #Ripple #XRP SEC requests conference & order compelling Ripple to search & produce video & audio-taped recordings of Ripple meetings where Garlinghouse, Larsen & other key employees spoke on topics relevant to disputes in lawsuit.https://t.co/DejdauSaqr

— James K. Filan 🇺🇸🇮🇪 (@FilanLaw) October 2, 2021

He said the meetings involved CEO Brad Garlinghouse and co-founder Chris Larsen, as well as other senior executives, discussing topics related to the suit.

Ripple has asked Judge Sarah Netburn to extend the regulator’s deadline to respond to the request until October 8.

#XRPCommunity #SECGov v. #Ripple #XRP Ripple requests extension of time to October 8th to respond to the SEC motion to compel Ripple to search & produce recordings of Ripple meetings where Garlinghouse, Larsen & other key employees spoke on topics relevant to disputes in lawsuit. pic.twitter.com/PvMaZObUdx

— James K. Filan 🇺🇸🇮🇪 (@FilanLaw) October 4, 2021

Earlier Ripple agreed to hand over to the Commission internal records from general meetings dating from the fourth quarter of 2014, as well as meetings with SBI Holdings. According to some reports, the set includes discussions by company employees of the SEC investigation.

In the new filing, the regulator asserts that the defendant used an ‘erroneous search methodology’ of records, excluding ‘highly compelling evidence’.

In early September, the court ordered the fintech to provide the Commission access to Slack messages from its employees.

Later Netburn denied Ripple’s motion regarding disclosure of information about the SEC employees’ dealings with Bitcoin, Ethereum and XRP.

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