• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: DOJ's Largest Bitcoin Seizure: $15 Billion In BTC Linked To Cambodian 'Pig Butchering' Scam
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: DOJ's Largest Bitcoin Seizure: $15 Billion In BTC Linked To Cambodian 'Pig Butchering' Scam
Ripple XRP

Ripple Condemns SEC’s Demand For Employee Slack Messages In On-Going Court Case

Samuel Wan
by Samuel Wan
4 years ago
·
Posted in Altcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In the ongoing SEC vs. Ripple court case, the defense team has written to Judge Sarah Netburn opposing the SEC’s motion to compel the firm to produce Slack communications. They demand the production of over 1 million pages of discovery.

Slack is a proprietary message platform featuring chat rooms, private messages, and direct messaging. It gained popularity during the government-imposed lockdowns of early 2020.

At the time, many firms were forced to implement work-from-home policies. Slack found favor as a tool to enable staff communication under these circumstances.

In bringing the motion, SEC attorney Jorge Tenreiro put forward the case that the Slack messages are required to build a complete picture of the case for summary trial.

“The messages produced show Ripple employees (including custodians whose Slack messages Ripple refuses to search) discussing issues directly relevant to disputes at the heart of this case.”

Ripple Defense Team Claims Slack Messages Are Irrelevant To The Dispute

On behalf of Ripple, legal firm Debevoise & Plimpton opposed the SEC’s motion with a new filing this week.

The firm labeled the SEC’s request an “extraordinary demand,” and a “costly fishing expedition”. Adding that it would take too long to complete and bring significant cost to their client.

“The SEC’s extraordinary demand calls for an extensive and costly fishing expedition that would likely take months to complete and come at very significant cost.”

Ripple’s defense attorneys went on to label it “disproportionate,” and a wholly unreasonable request to demand over 1 million pages of documentation.

“The SEC’s disproportionate request is also unreasonably duplicative of Ripple’s extensive production of over one million pages of discovery — including emails, documents, text messages, and responsive Slack messages for 33 custodians.”

What’s more, they argue that the SEC’s demand is further unjustified because the documents are not critical, nor are they uniquely relevant to the matters of the court case.

“In each case, the SEC vastly overstates—and in many cases, misstates—the testimonial record and the potential relevance of the requested Slack messages.”

As such, Debevoise & Plimpton conclude by asking Judge Netburn to deny the SEC’s request.

Slack Data Collection

In addition to the above arguments, Ripple’s defense team also submitted a declaration from Canaan Himmelbaum. He is the Director of Global Business Development at Consilio, who operates as a data vendor for Ripple.

In it, Himmelbaum described the challenges involved in collecting data from the Slack platform. This includes processing the vast volumes of data, running into the terabytes. He also mentioned complications related to handling the customized modules that hinder data extraction. As well as the exports coming out in machine-readable JSON format, which does not lend itself to human review.

According to the declaration, Himmelbaum estimates the total cost to meet the SEC’s request would come to $900,000.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Samuel Wan

Samuel Wan

Follow

Samuel Wan is passionate about different cultures and eating good food. He has years of experience working in business and finance — a burgeoning interest in Bitcoin and cryptocurrencies since 2017. UK based.

Full Profile

Related Posts

딥시크 전망

딥시크, 2026년 말 비트코인 강세장 예측…비트코인 하이퍼 주말할 만한 투자처

1 hour ago
cz 비트코인 언급

CZ “비트코인, 금 시총 추월할 것”…주목받는 신규 암호화폐는?

1 hour ago
Cardano : vers 3 $ malgré la baisse selon l’analyste on-chain ChainCatcher — niveaux clés

Prévision prix Cardano : direction 3 $ malgré la baisse selon l’analyste onchain ChainCatcher

2 hours ago
Bitcoin : le bottom local serait passé selon plusieurs experts — niveaux et scénarios de reprise

Bitcoin : le bottom local serait passé selon plusieurs experts

3 hours ago
비트마인, 시장 하락세 가운데 이더리움 추가 매수… 올해 최고의 프리세일 토큰은?

비트마인, 시장 하락세 가운데 이더리움 추가 매수… 올해 최고의 프리세일 토큰은?

10 hours ago
eth-sol-double-bottom-reversal-new-coins-presale-boom-tw

ETH與SOL現W底反轉身升信號 資金轉向三大新幣掀起預售熱潮

12 hours ago
Please login to join discussion

Premium Sponsors

Press Releases

  • bonus kcex

    Bonus KCEX: promozione da $21.000 con un bonus deposito del...

    2 hours ago
  • Maxi Doge

    Защо Maxi Doge може да се окаже...

    4 hours ago
  • 挖 1 枚比特幣耗電可供 61...

    5 hours ago
  • KCEX стартира бонус за търговия от...

    1 day ago
  • โปรโมชั่นโบนัสสำหรับผู้ใช้ใหม่จาก KCEX แจกสูงสุด 21,000 USDT

    KCEX จัดหนัก!...

    2 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.