- Ongoing Ripple Labs-SEC legal battle continues with SEC stonewalling allegations.
- Crypto lawyer John E Deaton alleges SEC leadership is corrupt and lacks transparency.
- SEC withholds crucial documents needed for Ripple Labs’ defense.
The ongoing legal battle between the United States Securities and Exchange Commission (SEC) and Ripple Labs has taken a new turn, with prominent crypto lawyer John E Deaton accusing the regulatory body of stonewalling and concealing the truth.
On May 11, 2023, Empower Oversight, a non-profit organization, filed a fresh complaint against the SEC in a District Court in the United States, seeking to force the regulator to comply with a Freedom of Information Act (FOIA) request that it previously filed.
The FOIA request, filed in December 2022, sought information on conflicts of interest and selective enforcement by former high-level officials concerning…
