The United States Securities and Exchange Commission (SEC), which allegedly belongs to former employees and lasts for more than a year Ripple He is doing his best to hide the documents that could bring the end of the case between him and him.
The SEC had previously said that the Estabrook notes and Hinman’s 2018 speech were the personal opinions of these individuals and were not public guidance, and therefore sought legal protection for these documents.
After the authority showed great determination to keep these two documents that could end the case, Ripple and Brad Garlinghouse and Chris Larsen wrote a letter describing the importance of the Hinman and Estabrook documents to the case.
In the document, recently sent by Ripple in response to the court, corporate attorney Matthew Solomon said the SEC wanted to keep the documents in question because the agency’s former Director of Corporate Finance of XRP He said he made a possible analysis that it was not a security and came to the conclusion.
“SEC’s Own Corporate Finance Director Announces XRP Is Not a Securities”
In the last document that Ripple sent to the court, the following was summarized:
“The SEC is hiding the fact that its Director of Corporate Finance has analyzed XRP extremely similar or even concluded that it is not a security.”
I tried to analyze this for you in a true legal sense.
But, my MIND was BLOWN by the part below and I couldn’t think about much else after.
Is the SEC “potentially” hiding a document in which the SEC conclusion that XRP was… NOT A SECURITY?
WHAT DOES SOLOMON KNOW???? https://t.co/bqXFlsrIT6 pic.twitter.com/oYaCakfeVM
— Jeremy Hogan (@attorneyjeremy1) March 21, 2022
These phrases in recent documents were noticed by attorney Jeremy Hogan. Hogan is among the famous names who frequently comment on the lawsuit between XRP and the SEC. Hogan said in a statement on Twitter:
“I tried to analyze the last documents in a really legal sense for you. However, after this part of the document, I was very surprised and could not continue my work. The SEC is ‘potentially’ hiding documents containing analysis that XRP is not a security!”
*Not investment advice.