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Legal expert accuses SEC of misleading the Court in Ripple case

Not long after the United States Securities and Exchange Commission (SEC) added more context to its motion to compel Ripple to produce financial statements for 2022 – 2023 and post-complaint institutional sales contracts, a legal expert accused the agency of misleading the court – again. Specifically, the lawyer and popular commenter on the years-long Ripple v. SEC case, Bill Morgan, said that the “SEC misleading the Court is happening far too often,” as he explained while quoting XRP influencer WrathofKahneman, who commented on the latest motion by the blockchain company, in an X post on January 25. The SEC misleading the Court is happening far too often. https://t.co/1Oh5doXj46 — bill morgan (@Belisarius2020) January 24, 2024 Setting the record straight Indeed, WrathofKahhneman was referring to Ripple’s motion to file a sur-reply to the SEC’s motion to compel it for the above information, as shared by defense attorney and former federal prosecutor James K...