The US Securities and Exchange Commission (SEC) is preparing to disclose a massive amount of emails and internal documents about Bitcoin, Ethereum, and XRP. But it wants more time. On June 4, Ripple asked the court to order the SEC to give a deadline of June 18. Scraping through all the data takes time, the SEC responded in its June 11 filing. The agency called the June 18 deadline “one-sided.”
The SEC said the agency has already collected 25,000 emails and is still reviewing “tens of thousands” of internal documents. But it has to speak with its former employees to make sense of some of the old documents, it said.
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