Newly published court documents reveal that an anonymous venture capital firm identified as “Investor F” sought to have evidence redacted from the first court hearing for the dispute between the United States Securities and Exchange Commission (SEC) and Telegram.
On Feb, 18, Investor F asserted that emails directly requested by the SEC contain “confidential and commercially sensitive documents” detailing the firm's strategic considerations regarding prospective cryptocurrency investments and custody solutions. The request states that the firm operates in a “highly competitive market” in which “discussions about investment strategy are commercially sensitive.”
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