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"SEC v.Ripple" case progress: SEC believes that Hinman's remarks have nothing to do with the lawsuit

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Time:8/17/2022 12:31:22 PM

["SEC v. Ripple" case progress: SEC believes that Hinman's remarks have nothing to do with the lawsuit] On August 17th, the US Securities and Exchange Commission (SEC) fought back in the lawsuit against Ripple Labs, arguing that Ripple's lawyers wanted to include evidence William The Hinman document has nothing to do with the case. The documents, from legal experts at the U.S. SEC, were used to inform Hinman’s speech that cryptocurrencies should not be considered securities.

The SEC asserts that the deliberative process privilege protects these documents. Documents reflect the individual views of employees, not institutional policy. Additionally, the SEC has not released a draft of William Hinman's 2018 speech. (FXStreet)

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