According to Foresight News, Ripple, the digital payment protocol, has filed a request to seal certain documents related to its lawsuit and remedial measures application with the U.S. Securities and Exchange Commission (SEC). The legal documents revealing this development were shared by James K. Filan, a former U.S. federal prosecutor.
In addition, Ripple's Chief Financial Officer, Jonathan Bilich, has submitted a statement in support of Ripple's motion to seal. The specific contents of these documents and the reasons behind Ripple's request to seal them have not been disclosed. This move is the latest in the ongoing legal battle between Ripple and the SEC, which has significant implications for the cryptocurrency industry.
