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XRP Lawsuit: MoneyGram, Other Third Parties File Motion Seal Docs; What’s Next?

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January 5, 2023
in News, Ripple vs SEC, SEC vs Ripple, XRP vs SEC
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XRP Lawsuit: MoneyGram, Other Third Parties File Motion Seal Docs; What’s Next?
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XRP Lawsuit News: MoneyGram International Inc., cross-border payments firm and other third parties moved their motion to seal portions of the parties’ Summary Judgment materials in the XRP lawsuit. However, Ripple, other defendants and the US SEC have fully briefed the Motions for Summary Judgment, including the Oppositions and Replies.

MoneyGram seeks to hide business details in XRP lawsuit

Attorney James Filan reported that several third parties have filed motions to redact information in the Parties’ Summary Judgment Materials. This tally holds the names of a MoneyGram, Cryptocurrency Exchange Declarant and some Investors.

MoneyGram in its request wants to redact a few lines from the depositions transcript of its officer. However, it also includes dollar amounts, percentages and some related numbers for the work orders.

It mentioned that this information going in public would be highly detrimental as it will reveal their detailed information to competitors and people.

However, Court also saw some requests for a Notice of Appearance on the behalf of the third parties.

Attorney James Q. Walker filed not to appear on behalf of the crypto exchange declarant in the XRP lawsuit. While Attorney Alyssa M. Hasbrouck wants to appear on behalf of the investment Banker Declarant.

The post XRP Lawsuit: MoneyGram, Other Third Parties File Motion Seal Docs; What’s Next? appeared first on CoinGape.

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