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- In December 2022, SEC had asked the court to keep the controversial Hinman speech undisclosed.
- Ripple filed a motion against SEC’s motion and asked the court to refuse to seal the documents.
- The crypto firm said that the documents are “judicial documents”.
In a filing of Ripple’s response, the crypto firm has asked the court to deny the US SEC’s motion to seal the controversial Hinman documents.
Ripple’s response came after the SEC filed an omnibus motion in December 2022 which urged the court to keep the controversial documents undisclosed. SEC argued that they were protected by attorney-client privilege and that bringing the disputable documents out in public would affect the openness of SEC policy deliberations.
Hinman speech documents are emails and other SEC statements related to the draft of Bill Hinman’s contentious 2018 speech. In the speech, the former SEC director of corporation finance had openly claimed that Bitcoin and Ethereum are not securities. Ripple said that SEC’s suggesting that the Hinman Speech Documents were not judicial documents is incorrect and further added: ...
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