Judge Grants Ripple Access to Binance Documents
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US judge Sarah Netburn has granted US fintech company Ripple access to the documents of crypto exchange Binance, according to the docket published on the matter.

According to it, Ripple can now access Binance's documentation in relation to the case facing the fintech company and the US Securities and Exchange Commission (SEC) for allegedly selling 357 million XRP tokens on crypto trading platforms to investors "around the world." According to the regulator, this is a sale of unregistered securities.

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Notably, the judge's decision comes after Ripple CEO Brad Garlinghouse filed a motion for access to Binance's documents.

With these documents Ripple intends to prove that transactions with these tokens were conducted outside of the SEC's jurisdiction. Under Section Five of the Securities Act of 1933, the alleged illegal sales of XRP only applied to sales and offerings of domestic securities.

The lawyers asserted that Garlinghouse's sales of XRP were "overwhelmingly made on digital asset trading platforms outside of the United States" and are not subject to the law that the SEC has invoked.

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