SEC Demands TikTok Videos From All Ripple Employees
Relentless in their effort to turn over every stone in order to aid their failing case, the U.S. Securities and Exchange Commission filed a court order Tuesday to force employees of blockchain payments company Ripple to turn over all TikTok videos over the last five years.
“TikTok is where people really let loose,” said SEC Chairman Gary Gensler. “Singing, twerking, giving political opinions... maybe we'll see some Ripple people admitting they know they're selling XRP as securities, hmmm?
Current Ripple CTO David Schwartz and former Ripple employee Marcus Treacher in a TikTok 'dance-off' from 2020.
Ripple CEO Brad Garlinghouse giving his weekly oboe recital, one of thousands of TikTok videos the SEC has demanded the court force the company's employees turn over.
The filing has already been challenged by Ripple's defense team who claim the demand is invasive and irrelevant.
“We didn't fight it when they wanted to see Ripple's Netflix viewing history,” said attorney Leonard Mingus. “But TikTok videos? Gimme a f*cking break, SEC...”