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Although the deadline is coming to end, according to the trader, SEC has not handed over the requested documents, despite the Judge’s insistence, as the SEC claims there is deliberative process privilege. The fact discovery was previously extended by 60 days after an SEC request, thus altering the lawsuit agenda as a whole.

“At the time, Ripple opposed arguing the SEC had sufficient time to investigate this matter before filing suit and because Ripple wants to move for summary judgment as soon as possible.”

Besides that, recently SEC has gone back to court in its lawsuit against Ripple Labs — this time, to demand access to more communications between Ripple employees on Slack, a popular chat and messaging application used by businesses.