SEC denies possession of crypto documents critical to Ripple defense

• The judge previously ruled in favor of Ripple for the SEC to hand over documents related to Bitcoin, Ethereum and XRP.
• The securities regulator has stated that it has no documents related to the leading cryptocurrencies.
• With pushback from the financial watchdog, Ripple could be getting less support for its defense than it was asking for.

Although Ripple Labs has filed a motion to dismiss the Securities and Exchange Commission (SEC) lawsuit, the blockchain firm is faced with multiple challenges. Despite the judge's ruling to allow discovery of SEC documents on Bitcoin, Ether, and XRP, the securities regulator may now have the edge over Ripple.

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