Ripple Vs SEC: SEC To Respond Ripple Defendants’ On May 18th
The court previously dismissed the Ripple defendants’ (Brad Garlinghouse and Chris Larsen) petition to strike the Metz report, reopening discovery until May 13 to re-depose Dr. Metz in the Ripple v. SEC case. The SEC, on the other hand, was ordered to pay “reasonable fees” for filing the motion and deposing Metz again.
Dr. Albert Metz, a securities and finance expert, originally filed his paper on Oct. 4 explaining an event analysis undertaken to examine if Ripple might manipulate the price of the XRP currency with its announcements. He came to the conclusion that “certain news and public utterances” influenced the token’s performance.Ripple responded to the SEC’s assertions that the Hinman documents were covered by attorney-client privilege with a six-page statement over the weekend.
Source
https://t.me/Cronos_Cardano_Ripple
