XRP Lawsuit: Ripple Files Motion To Correct SEC’s Mischaracterizations
Summary
Ripple Labs Inc. has filed a motion to submit a sur-reply in response to the SEC's alleged mischaracterizations in the XRP lawsuit. The SEC has requested Ripple to provide audited financial statements and information on XRP sales. Ripple disputes the SEC's portrayal of its resistance to producing post-complaint contracts and refutes allegations regarding contract documentation. The motion aims to correct the record and ensure an accurate understanding of the facts for the court's decision. XRP's price is currently at $0.51095, with attention on the $0.498 mark as a pivotal range.
