(Cryptopotato) Ripple is threatening to expose XRP holdings by SEC employees, in what could escalate tensions with the regulator, who has alleged the token is an unregistered security.
Ripple’s attorney James Filan is already demanding that the SEC produce documents showing its own employees’ XRP holdings.
The defendants want SEC to produce information in redacted or aggregated form, in addition to anonymized documents showing the regulator’s preclearance decisions on XRP, Bitcoin, and Ether.
Ripple’s motion seeks to show that SEC has not imposed or adopted any rules that forbid its employees to crypto trading until January 16th, 2018, giving its employees the leeway to trade in XRP.
