The SEC has not made a public announcement on the mechanism of recording notes.
The notes do not include any interactions between the attorney and client.
April is shaping up to be a pivotal month in the Ripple vs. SEC litigation, as many had predicted. Concerning handwritten notes, Judge Sarah Netburn took a look at the SEC’s request to retain the redacted parts. The Commission has been instructed by the Court to submit redaction proposals for in-camera assessment by April 8, 2022.
According to the defendants in the case and the Commission’s presentation, these notes are relied upon by the Court and the Commission. That meeting’s memoranda will now be analyzed by the Court to see if they represent the author’s thoughts or a group debate.
No Evidence of Data Omission
Judge Netburn issued a judgment on January 13 addressing these notes, and attorney James K Filan has provided a portion of that order. If the courts find a reflection of the writers’ thoughts or debates among agency officials, the order states SEC may be required to leave the censored sections of the document. The SEC has not made a public announcement on the mechanism of recording these notes, according to the ruling.
Additionally, according to the report, there is no evidence to imply that some data were intentionally omitted from the notes. No personal or authorial remark is apparent in the memos. As a result of the Court’s interpretation, the notes do not include any interactions between the attorney and client.
There have been several delays in the Ripple and XRP community’s litigation over various issues. As Filan pointed out, judgments on the petition for reconsideration, the expert supplementary report, and the need to reveal Estabrook notes are all still awaiting their outcomes. Adding these remarks to the list was only a result of their redaction.