Distributed ledger tech provider Ripple has scored yet another significant win against the U.S. Securities and Exchange Commission.
Magistrate Judge Sarah Netburn has denied the SEC’s motion to get access to any legal advice Ripple sought or received regarding XRP’s regulatory status.
The decision has bolstered Ripple’s fair notice defense that is based on the premise that the agency failed to warn the company and other market participants about the fact that the cryptocurrency is an unregistered security.
