Thread by @robxrp1

The public is reminded that both recording and rebroadcasting (Youtube streams, Twitch streams, audio-only streaming, etc.) is strictly prohibited, and anyone found making unauthorized recordings or rebroadcasts will be investigated and may be subject to criminal sanctions. 3/4

(HEREBY ORDERED by Magistrate Judge Sarah Netburn). This is discovery conference regarding the @SEC_News contacting foreign regulators and seeking discovery outside the Rules of Federal Procedure and the Hague Convention. 4/4

Countdown till the conference call.
tickcounter.com/countdown/2529…

The access code will only work when they open the lines.

*****BREAKING UPDATE!*****
TYPO WAS DONE FOR THE ACCESS CODE BY THE ORIGINAL PROVIDER. CORRECTED HERE!
USA: [phone] International: [phone] Access Code: 7106935. (Signed by Magistrate Judge Sarah Netburn on 4/30/2021) (ras) (Entered: 04/30/2021)

The lines are now open please use the corrected access code: 7106935 Followed by #. 500 people now waiting.

Members of the public who wish to listen to the conference may do so by dialing: USA: [phone]; or International: [phone], and entering Access Code 7106935, followed by the pound (#) key. This public line will accommodate 4,000 callers.

Standard participants intro/welcome is now starting.

The judge has joined the conference call. We are about to get started. Enjoy!

The judge has joined the conference call. We are about to start.

The judge has read all letters about the SEC using the MOU proccess to get information from overseas regulators.

@Ripple defense is starting. Saying that the SEC has abused the court process and has bypassed it. It was ok to use MOU before the lawsuit. The SEC is not a SUPERLITIGANT.

Defense asked multiple times for the SEC to stop, yet they continued. The defense kept requesting information from the SEC but they only just now provided information. The SEC use of MOU is one sided. The defense does not have a mechanism in justice like this.

Judge is saying that this problem RARELY comes up. Almost no previous cases where this has occurred. They are now talking about a previous cases where something a little similar like this occurred.

Defense: The SEC can force outside international regulators through a treaty to get information. The use of the US government to get information. This is not fair for the defense as they do not have this power.

Defense: This should be a LEVEL PLAYING FIELD. All rules from the court should be followed. All parties should abide by the same rules.

Defense: What the SEC is doing it totally outside federal court rules. We did not find out about this until an outside party told us the SEC was trying to get information from them. Had they known about this they could of followed rules from the court.

Defense: There is an ENTIRE overseas campaign to get information. This is not how our court system works.

Defense: Our clients already told the SEC about our overseas transactions, yet the SEC went outside the rules to get information without following rules of the court. They should follow the same rules that we do.

Defense: We ask that you order the SEC to follow the same rules as us and provide the information that they got from the MOU process.

Defense(2nd lawyer): They have bypassed the court rules by using the MOU process, and once they got that information they can skew it without following the rules. We have a subpoena in this court. The SEC has bypassed this completely.

Defense(2nd lawyer): We need to keep our discovery schedule on point as the SEC lawsuit has HEAVILY damaged XRP and Ripple. 3rd party, hedge fund, businesses using ripple have stopped. Now businesses not under US SEC regulations are now being affected with MOU.

Defense(2nd lawyer): The SEC kept secret their use of MOU from the court and defendants. They have to abide by the rules of the court.

Defense(2nd lawyer): We are trying to get information from our 3rd parties about what the SEC asked for but its difficult and slow. The court process should be followed.

SEC now talking: Says MOU is not a treaty. Says outside regulators do not have to give information. Talking about the a prev. case. Says that the defendants have not been prejudiced by these requests.

SEC: Says that defendants can simply write letters to outside regulators or exchanges if they wish to contact and get information from them.

SEC: Is now describing what the MOU process is. The SEC can contact outside regulators as per the MOU process. Says that any possible harm from this is non-existant. Says the SEC use of MOU is ok especially since the defense has use FOI requests.

SEC: The "supposed" harm to business that are with ripple, and the "supposed" harm that has come to XRP holders, means that we also want an accelerated schedule. Going with the defendants in this case will hard the SECs powers for future cases.

Judge: Why are the MOU privileged? Will you logged them in a privileged log?
SEC: We intend do.

SEC: Since the information is privileged. We do not intend to tell the defense the content of the MOU.

SEC: Redacted documents from the MOU. I am not sure they would need that information. We would rather avoid doing that.

Defense: The point is that the MOU is US GOVERNMENT backed. Far greater power then the power that the defense has. This is not a level playing field.

Defense: Discussing how an MOU is compulsory or not. Defense says that it is compulsory. MOU is a government contract. This is discovery power that we do not have. Power created by the government and outside court rules. Should not be allowed to cont with this massive discovery.

Defense: Saying FOI requests are part of the rules of the court. The minutes we knew about MOU we brought it to the courts attention. We at no time accepted to the use of MOU.

Defense: Our motion has nothing to do with MOU with them using MOU before a lawsuit but once a lawsuit is started rules of the court should apply.

Judge: The judge will take everything under consideration. She will have a response within a few days. All other issues will not be dealt with today.

Judge: A reminder to NOT record audio and rebroadcast this audio.
CONFERENCE CALL HAS ENDED.

RobXRP: Thank you everyone. Have a great day!! #XRPtotheMOON #RelistXRP