The first information has started to come from the uncensored Hinman documents, which are of great importance for the case between Ripple and the SEC and are expected to be published today.
In the statements in the document, former SEC official William Hinman is observed to say that Ethereum does not need to be regulated as it is not a security in its current form:
“Attached is the outline of my talk suggesting that we do not need to regulate Ethereum as a security as it is currently presented. This speech is in parentheses and will be used if we all agree.
We will also be meeting with Buterin later this week to confirm our understanding of how the Ethereum Foundation works.”
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After the development, there was a very sudden rise in the price of XRP.
*Not investment advice.
Source: Bitcoinsistemi.com