In Bitcoin Arabs, we follow the merits of the case and the lawsuit of the US Securities and Exchange Commission “SEC” against Ripple from its inception until the moment, highlighting the most important events and decisions.

Recently, Ripple asked Magistrate Sarah Netburn to keep some of its documents attached to sealed SEC letters.

Andrei Sirisny, a former SEC executive director, wrote that the documents in question contained “confidential and private information,” about which he stated:

The documents sought to be closed carry private matters, development strategies, internal marketing, analytics, impressions, and concerns on a range of sensitive topics that have never been publicized so far.

Meaning that the documents and documents sought to seal contain some confidential details about the process of creating and distributing XRP, internal emails between Ripple employees, a description of the company’s business strategy and fundraising plans considered at the time, as well as a discussion with an early stage investor.

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If the court rules that these documents should be made public, Ripple still has the right to redact them.

Ripple produced 303,000 pages of documents during the SEC investigation.

For the record, I have already need to Ripple CEOs prevent disclosure of their financial information to the SEC

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