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

The United States Securities and Exchange Commission (SEC) has made another attempt to keep the emails related to its former head of Corporation Finance, Hinman, away from its ongoing litigation against Ripple, a San Francisco-based cross-border payment firm.

The new development was shared on Twitter a couple of hours ago by James K. Filan, a defense lawyer and former federal prosecutor.

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According to the tweet, the SEC has filed a motion to keep the Hinman emails away from Ripple and the Judge, citing the attorney-client privilege.

James K. Filan tweeted, “The SEC has filed a letter motion asserting the attorney-client privilege in connection with the Hinman speech.”

Despite all the failed attempts to protect the documents, the SEC went ahead to launch another effort targeted at keeping Hinman’s 2018 speech from Ripple and the Judge. Many people believe that these documents could give Ripple the victory it deserves, which is why the SEC has continuously attempted to hide them.

These emails that were exchanged between Hinman and SEC’s attorneys are related to Hinman’s speech regarding the legal status of Ethereum.

It can be recalled that on the 12th of April, Judge Sarah Netburn denied the SEC’s motion for partial reconsideration of the January 2022 ruling.

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In the letter that was filed, SEC lawyers have also requested permission to protect two additional comments in Hinman’s speech draft that had been discussed earlier in April.

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In the Judge’s ruling late last month, the SEC was ordered to surrender Hinman’s emails to Ripple, giving the regulator 14 days to file an objection to the verdict.


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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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