Ripple v. SEC: Non-Party Asks Court to Redact Details of Declaration Supporting Plaintiff

1 year ago 92

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Alex Dovbnya

Investment Banker Declarant has requested that recognition accusation related to himself, his coworkers and leader beryllium redacted arsenic disclosure could pb to information risks

Investment Banker Declarant, a nonparty successful the Ripple v. the U.S. Securities and Exchange Commission case, has requested that the tribunal assistance his question to redact further portions of the declaration submitted successful enactment of the SEC’s question for summary judgment. 

Ripple Labs CEO Brad Garlinghouse and co-founder Chris Larsen person informed Investment Banker Declarant that they bash not reason his motion, though Garlinghouse and Larsen bash not consent to it either. The SEC has informed Investment Banker Declarant that it does not reason the question to redact delicate information from his declaration. 

The declaration by Investment Banker Declarant, submitted connected behalf of his employer, is aimed astatine helping the SEC with its probe into Ripple's alleged violations of national securities law.

Since a anterior non-party declarant experienced important threats and harassment aft his sanction was exposed publicly, Investment Banker Declarant has requested the redaction of further portions of the declaration. 

The movant has expressed interest implicit imaginable threats helium could person if his individuality is disclosed.

The petition is seeking to ensure privacy and information by redacting irrelevant information that has nary bearing connected immoderate ineligible oregon factual issues of the case.

The question includes copies of applicable documents featuring the redactions that person been requested by Investment Banker Declarant. 

A transcript of Investment Banker Declarant’s connection with suggested redactions is acceptable to beryllium reviewed by Judge Torres earlier immoderate last determination is made astir what volition really spell into effect.

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