The SEC stated that Ripple’s sealing requests should be narrowed to overcome the presumption of public access to information.

The Securities and Exchange Commission has filed its response in partial opposition to Ripple’s motion to seal certain portions of the parties’ filings concerning the motion for summary judgment.

It is worth mentioning that the Defendants seek the complete sealing or redaction of 11 categories of records, comprising more than 900 documents. According to Ripple and its executives, the documents they seek to seal or redact are necessary to protect its sensitive business and financial information, third parties’ sensitive and private business information, etc.

(By Lele Jima)