XRP Lawsuit: Court orders in camera review regardless SEC “privileged documents” stance

The recent development in the XRP lawsuit witnessed the Court grant Ripple’s September 24 appeal, seeking the addition of three documents by the SEC for in-camera review, that the plaintiff had either redacted or withheld by logging them as “privileged”. These documents include the two documents related to the SEC’s meetings with law firms, along the email trail concerning discussions with a third party who received guidance from the SEC to analyze its digital asset under the framework set forth in Hinman’s June 14, 2018, speech. #XRPCommunnity #SECGov v. #Ripple #XRP BREAKING: 1/3 Judge Netburn Orders the SEC to submit for in camera review the two documents related to the SEC's meetings with law firms and the email chain concerning discussions with a third party who received guidance from the SEC pic.twitter.com/zbjDi7HKYJ — James K. Filan (@FilanLaw) October 8, 2021 Judge Netburn has ordered the SEC to submit an explanation for its privilege assertions for all those documents, latest by October 15, 2021. The SEC must also file a redacted version of its submission on the public docket.  Furthermore, Ripple’s response on the issue is also due latest by October 22, 2021. SEC “privileged” argument Last month, Ripple had filed a letter appealing the court to add three documents to the in-camera review based on a privilege log provided by the SEC after the August 31, 2021, telephone conference. However, the SEC objected that these documents are non-responsive to the Court’s prior orders. #XRPCommunity #SECGov v. #Ripple #XRP 1/2 The SEC has filed an objection to Ripple's letter requesting that three additional documents be reviewed in camera based on a privilege log provided by the SEC after the August 31, 2021 telephone conference, including the email chain pic.twitter.com/a6aDGVLGV2 — James K. Filan (@FilanLaw) September 28, 2021 Furthermore, the SEC also noted that the documents in question had been put on the privilege log in lieu of their “apparently futile” nature that could potentially initiate unnecessary disputes. The SEC also argued that the documents fall under DPP along with claiming duplicity of deliberations with already submitted exhibits for in-camera review. “The…

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