The US Securities and Exchange Commission (SEC) and Ripple to unseal internal deliberations relating to a speech given by former director William Hinman. The request comes as both parties seek more time to file exhibits, including the Hinman documents, which have significant implications for the ongoing Ripple-SEC case.

Extension Granted by District Judge Torres

District Judge Analisa Torres of the US District Court for the Southern District of New York granted the motion for an extended deadline, setting June 13th as the new date for filing. This decision was welcomed by James Filan, a defense attorney and former federal prosecutor who has been closely monitoring the case.

Hinman Documents and the Ripple-SEC Case

The Hinman documents consist primarily of a speech delivered by William Hinman, the former SEC head, in June 2018. In the speech, Hinman stated that Ether, the native token of the Ethereum blockchain, is not a security. These documents hold significant importance in determining the regulatory status of Ripple’s XRP cryptocurrency.

Motion to Seal Internal Communications

Last December, the SEC moved to seal internal communications, such as emails, text messages, and expert reports, related to Hinman’s speech in the Ripple case. The SEC argued that these documents were irrelevant to the court’s summary judgment decision and that the agency’s mission took precedence over public access to such records.

The US Securities and Exchange Commission (SEC) and Ripple to unseal internal deliberations relating to a speech given by former director William Hinman. The request comes as both parties seek more time to file exhibits, including the Hinman documents, which have significant implications for the ongoing Ripple-SEC case.

Extension Granted by District Judge Torres

District Judge Analisa Torres of the US District Court for the Southern District of New York granted the motion for an extended deadline, setting June 13th as the new date for filing. This decision was welcomed by James Filan, a defense attorney and former federal prosecutor who has been closely monitoring the case.

Hinman Documents and the Ripple-SEC Case

The Hinman documents consist primarily of a speech delivered by William Hinman, the former SEC head, in June 2018. In the speech, Hinman stated that Ether, the native token of the Ethereum blockchain, is not a security. These documents hold significant importance in determining the regulatory status of Ripple’s XRP cryptocurrency.

Motion to Seal Internal Communications

Last December, the SEC moved to seal internal communications, such as emails, text messages, and expert reports, related to Hinman’s speech in the Ripple case. The SEC argued that these documents were irrelevant to the court’s summary judgment decision and that the agency’s mission took precedence over public access to such records.