Ripple and SEC seek extension for unsealing Hinman documents
On May 19, James K. Filan, a defense attorney and ex-federal prosecutor who has been closely monitoring the SEC vs Ripple case for the past few years, shared an update regarding the potential unsealing of the Hinman documents for public access.
According to a tweet on Twitter, the Securities Exchange Commission (SEC) and Ripple Labs have filed a “joint Letter for one week extension, until June 13, 2023, to file public, [redacted] versions of cross-motions for summary judgment and accompanying exhibits, which includes the Hinman materials.”
“public, redacted.”
The Hinman documents pertain to a speech given in 2018 by former director of the Securities and Exchange Commission's corporation finance division, Bill Hinman. During the speech, Hinman expressed the view that Ether (ETH), should not be classified as a security. These documents encompass the SEC's internal conversations and deliberations surrounding this particular speech.
Some members in the crypto community find the joint petition to be “weird”. A lawyer, Fred Rispoli, with the twitter handle @freddyriz tweeted in response to Filan’s announcement; “This is weird to me. The parties already had detailed discussions on these redactions the first time around. Could be nothing more than what's written but it's just...odd. This gives me the feeling that something has changed and there is a scramble going on behind the scenes.”
This is weird to me. The parties already had detailed discussions on these redactions the first time around. Could be nothing more than what's written but it's just...odd. This gives me the feeling that something has changed and there is a scramble going on behind the scenes. https://t.co/MM0kndLvm9
Related: Breaking: Court victory for Ripple as
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