Ripple scored a win after the judge approved sealing key docs in its SEC battle. XRP price rose slightly amid appeal prep.
The Ripple-SEC saga just took yet another dramatic turn, as Judge Phyllis J. Hamilton granted the seal of some pivotal court documents. This move has been in the pipeline, pushed by Ripple CEO Brad Garlinghouse and the SEC, in a bid to keep sensitive information close to their chests as the case heats up for appeals. Sealed documents will include exhibits tied to summary judgments and expert testimonies.
Both Ripple and the SEC made solid arguments under the Ninth Circuit’s “compelling reasons” rule, which balances privacy with public access. Ripple asked to seal eight exhibits related to their wins and 56 opposing the SEC’s motions. Plus, the SEC wanted parts of its expert testimony hidden. The judge called it fair, especially with the stakes so high.
Ripple snagging this small victory keeps the momentum on their side. Remember when Ripple won the major ruling that XRP isn’t inherently a security? That was a huge L for the SEC. But the SEC isn’t backing down, with a big appeal in the works that could reshape crypto regulation.
XRP prices climbed 1.7% and hit $2.31, plus analysts are also predicting more movement soon. And those wild rumors about Trump meeting Garlinghouse? If true, it might flip the script in Ripple’s favor. Stay tuned—this case is a game-changer for crypto.
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