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Court Grants SEC’s Request to File Motion That Could Protect Hinman’s Documents from Ripple

Judge Sarah Netburn has granted the request of the United States Securities and Exchange Commission (SEC) to file an additional motion in support of its attorney-client privilege claims in relation to William Hinman’s 2018 documents.

It’s well-known within the XRP camp that the SEC has been deploying lots of tactics to delay the case in order to make the lawsuit end in its favor.

Read Also: SEC Comes up with New Reason to Keep Hinman’s Documents Away From Ripple: Details

Hinman’s documents of 2018 are regarded as top pieces of evidence at Ripple’s disposal to end the case in its favor. And due to the contents of the documents, the regulator has made many efforts to prevent the cross-border payments firm from gaining access to them.

According to James K. Filan in a recent update, Judge Netburn has approved the SEC’s request to file a motion in support of its claims over Hinman’s documents. The update says the regulator’s reply is due by May 18, 2022.

James K. Filan tweeted, “In a Text Only Order, Magistrate Judge Netburn granted the SEC’s request to file a reply brief in connection with the SEC’s attorney-client privilege claims regarding the Hinman speech documents. The SEC’s reply is due by May 18, 2022.”

Read Also: What Coinbase CEO Brian Armstrong Has To Say about Ripple-SEC Case

Before the approval, the defendants (Ripple, Brad Garlinghouse, and Chris Larsen) have jointly claimed that if the request is approved, it will be the 6th time the SEC has opposed their motion to bring about the submission of the crucial documents.

Describing the regulator’s upcoming response as a sur-reply, the payment firm stated that it’s part of the agency’s ploy to keep delaying the long-standing lawsuit.

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Ripple said through its attorney, “At a minimum, the SEC should be required to justify its demands for further briefing after it reviews Defendants’ responsive filing. Defendants respectfully submit that the court should deny the SEC’s request”


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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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