Just in: Win for Ripple as Court denies SEC motion to seal Hinman’s documents

Just in: Win for Ripple as Court denies SEC motion to seal Hinman’s documents
фото показано с : invezz.com

2023-5-18 04:54

The ongoing Ripple vs. SEC legal fight took another twist after a U.S. District judge, Analisa Torres, ruled against the regulator’s motion to seal Hinman speech-related documents. The latest move comes months after Judge Sarah Netburn directed the regulatory agency to surrender the docs to Ripple for the discovery process.

The SEC filed a motion to seal text messages, expert reports, and internal emails connected to Hinman’s remarks on 22 December last year, stating that its mission surpassed the public’s rights to access “irrelevance” records. Meanwhile, Judge Torres said Hinman’s documents could influence the court’s ruling.

Ripple’s Win Against the SEC

@WhaleChart tweeted about the latest happenings in the SEC vs. Ripple legal battle today. The post confirmed that Judge Torres upheld Netburn’s previous ruling, emphasizing that the Securities and Exchange Commission can’t seal Hinman’s docs as they are crucial for the judicial process.

A U.S. District Court has ruled in favor of Ripple, denying the SEC's motion to keep the Hinman documents sealed.#XRP

— whalechart (@WhaleChart) May 17, 2023

The documents in question contain statements and communications that former SEC Director of Corporation Finance, William Hinman, made. In 2018, the ex-official said Ether wasn’t a security. Moreover, the records contain preliminary opinions and an exploration of XRP. That makes the documents vital for Ripple’s defense as they highlight SEC’s initial view on XRP.

The latest Judge order allowed the securities regulator to redact the personal details of individuals named in Hinman’s documents. Also, Torress approved various redactions that Ripple proposed. Nonetheless, the Judge denied several XRP-related redactions.

XRP Price Responds

As Invezz predicted, Ripple’s win will be positive for XRP’s price, sending the token higher. That has happened anytime positive news about the case emerged. Meantime, the remittance token capitalized on the latest ruling and surged by 4.81% on the 24hr chart. While publishing this content, XRP traded bullishly at $0.4466.

The post Just in: Win for Ripple as Court denies SEC motion to seal Hinman’s documents appeared first on Invezz.

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ripple hinman seal documents judge motion sec

Источник: invezz.com

ripple hinman → Результатов: 100


Ripple XRP rises 7% after judge denies SEC’s motion to seal Hinman documents

The U.S. Securities and Exchange Commission (SEC) attempt to seal records of internal documents connected to William Hinman’s speech has been denied, according to a May 16 court filing. The motion was denied by Judge Analisa Torres, who ruled that “the Hinman Speech Documents are not protected by the deliberative process privilege because they do […] The post Ripple XRP rises 7% after judge denies SEC’s motion to seal Hinman documents appeared first on CryptoSlate.

2023-5-17 11:00


Ripple получила доступ к внутренним документам SEC

Ripple получила внутренние документы от SEC касательно речи экс-директора отдела корпоративных финансов регулятора Уильяма Хинмана. Об этом сообщил юрисконсульт компании Стюарт Альдероти. Over 18 months and 6 court orders later, we finally have the Hinman docs (internal SEC emails and drafts of his infamous 2018 speech).

2022-10-22 12:46


SEC пытается «вставлять палки в колеса» Ripple в судебном процессе

Комиссия по ценным бумагам и биржам США (SEC) оспорила решение суда о предоставлении компании Ripple материалов речи бывшего директора по финансам SEC о статусе ETH. В январе судья окружного суда Южного округа Нью-Йорка Сара Нетберн (Sarah Netburn) постановила, чтобы регулятор передал компании Ripple материалы выступления бывшего финансового директора SEC Уильяма Хинмана (William Hinman). В 2018 году […]

2022-8-18 11:52


Фото:

XRP Lawsuit: Judge Accused SEC of Hypocrisy, Orders Release of Hinman’s Documents

The Securities and Exchange Commission’s case against Ripple Labs lingers, and the most recent of events has seen the U.S. regulatory body hit hard by an unfavorable ruling. A judge presiding over the suit has repudiated the SEC’s attorney-client protection claim as a reason not to release documents pertaining to the Hinman speech. Judge Netburn […]

2022-7-22 23:48


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