"US SEC Deletes Records Related to Ripple Civil Lawsuit from Website"

Source
JH Kim

Summary

  • The United States Securities and Exchange Commission (SEC) has reportedly deleted records related to the Ripple civil lawsuit.
  • Ripple was ordered to pay a fine of $125 million in the first instance.
  • The SEC is preparing an appeal regarding the Ripple lawsuit.

WhaleWire analyst Jacob King claimed on the 28th (local time) via X (formerly Twitter) that the United States Securities and Exchange Commission (SEC) deleted all records related to the Ripple civil lawsuit from its website after losing the case.

Previously, in August 2024, a U.S. court ruled in the first instance that Ripple must pay a fine of $125 million, and the SEC has appealed this decision.

On the 16th, the SEC submitted a preparatory brief related to the appeal.

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JH Kim

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