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Ripple believes records held by offshore exchanges will prove its executives did not violate Section 5 of the Securities Act by offloading XRP on the U.S. public. See more for yourself here (https://cointelegraph.com/news/ripple-seeks-docs-from-15-offshore-exchanges-it-says-could-be-fatal-to-the-sec-s-charges).
Your opinion is greatly appreciated.