Ripple has won another court battle against the SEC of the United States. The SEC's attempt to force Ripple to reveal documents discussing XRP sales with the firm's lawyers was denied by the judge. Ripple has not waived its attorney-client privilege, according to the Court. In December 2020, the SEC filed a lawsuit against Ripple Labs, its CEO Brad Garlinghouse, and its executive chairman Chris Larsen. XRP was allegedly a $1.3 billion unregistered securities offering in 2013.