Yesterday we mentioned in an article that the price has been boosted due to the rumour that XRP can be re-listed on Coinbase, Kraken and Binance. The rumor arose from the statement of the SEC (American Securities and Exchange Commission) which stressed that only Ripple itself is responsible for the “illegal sale of securities“ is held responsible. Crypto exchanges that sell XRP through their platform do not have to fear any legal consequences.
Today there are more interesting updates. There are increasing reports that the SEC’s position against Ripple is becoming increasingly weaker.
First it became known that the mails between Ripple executives are not allowed in the court case and now there seems to be another success on the part of Ripple.
Judge Sarah Netburn has barred the SEC from accessing personal financial records of Ripple executives Brad Garlinghouse and Chris Larsen. Also, Judge Netburn granted Ripple permission to gain access to the SEC documents for Bitcoin and Ethereum. Both cryptocurrencies were not classified as securities by the SEC. The judge added: