Attorney Jeremy Hogan: “The SEC Took a Big Step Backward On a Key Issue” During the Court Hearing

Jeremy Hogan, the popular lawyer who has been showcasing his support for the XRP community since the start of the lawsuit, has hinted that the much-awaited court hearing ended in favor of Ripple, the San Francisco-based cross-border payments firm.

On the 31st of May, the court decided to make both Ripple and the United States Securities and Exchange Commission (SEC) attend a conference where they will discuss the renewed attorney-client privilege claims over Hinman’s 2018 documents.

Read Also: Ripple Co-Founder Jed McCaleb Has Sold About 500 Million XRP In 2022. Here’s His Wallet Balance

The meeting was slated to hold in Courtroom 23B, Daniel P. Moynihan Courthouse, 500 Pearl Street, New York City, on Tuesday, June 7, 2022, at 3 pm. However, the meeting was delayed for 30 minutes due to a scheduling conflict.

James K. Filan reported, “BREAKING: Due to a scheduling conflict, the conference scheduled in this case for 3:00 p.m. is RESCHEDULED for 3:30 p.m. The public is referred to the Order at ECF No. 495 for dial in information, which remains the same.”

Jeremy Hogan on the Outcome of the Court Hearing

Although the details of the outcome of the court hearing between Ripple and the SEC have not been shared with the XRP community, attorney Jeremy Hogan’s recent tweet indicates that the hearing likely ended in favor of Ripple and XRP.

Hogan, who will subsequently share the details of the court hearing in a video, stated that the regulator took a step backward on a key issue.

Jeremy Hogan tweeted, “Ripple v. SEC court hearing: You don’t need a law degree to know how that court hearing went. 🙂 But it’s even worse than it sounded. The SEC took a big step backwards on a key issue. Video tonight!”

Read Also: Attorney James K. Filan Shares Updated Timeline for the Conclusion of Ripple-SEC Lawsuit

Ripple Defendants’ New Filing

Also, James K. Filan reported that Ripple and its top executives (CEO Brad Garlinghouse and co-founder Chris Larsen) have filed a reply letter to support their motion in relation to the deficiencies in the SEC’s responses to their Fourth Set of Requests for Admissions.

James K. Filan tweeted, “Ripple Defendants file a reply letter in further support of their motion regarding the deficiencies in the SEC’s responses to the Ripple Defendants’ Fourth Set of Requests for Admissions.”

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