Ripple has stopped the US Securities and Exchange Commission (SEC) from accessing records of legal advice that the crypto payments company sought or received about XRP's status as a security. On May 7, the SEC asked Judge Netburn to order Ripple to produce records of legal advice around whether its massive sales of XRP are compliant with federal securities laws.“Ripple asserts that the SEC’s requested communications are protected by the attorney-client privilege, which has not been waived,” US Magistrate Judge Sarah Netburn said in a filing made public today. The SEC claimed that Ripple’s understanding of the legal ... (full story)