Court rejects SEC petition to disclose personal financial statements of Ripple Garlinghouse and Larsen

Magistrate Judge Sarah Netburn believes that the disclosure of personal financial records of Brad Garlinghouse and Christopher Larsen on SEC’s demand is irrelevant to the XRP case – this is stated in the court’s ruling shared on Twitter by the blockchain researcher and an XRP community member Leonidas Hadjiloizou.

The document issued by the court states:

“The SEC’s Requests for third-party subpoenas make broader requests, however, that would result in the disclosure of an immense trove of private financial information with no relevance to whether the Individual Defendants offered or sold XRP into the public market or promoted its sale to potential investors.”

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