SEC wants to know everything about Ripple founders

in #news4 years ago

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The regulator has asked for all information on the finances of Ripple founders Brad Garlinghouse and Christian Larsen, down to supermarket spending.

Garlinghouse and Larsen called the SEC's actions "a wholly inappropriate abuse of power". In their view, the case in which the regulator sent enquiries had nothing to do with the alleged fraud.

The executives, however, have agreed to release data regarding XRP token transactions and other Ripple-related transactions.
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