The US Securities and Exchange Commission (SEC) has requested to keep the Hinman documents in the Ripple (XRP) case confidential. The request was met with backlash from the Ripple community.
The SEC requested confidentiality regarding the Hinman files, which is the summary of the lawsuit between Ripple and Ripple. In addition to this request, the SEC’s expert witnesses and statements to the court Ripple Information about investors was also requested to be sealed.
It is stated that the SEC requested this confidentiality request because the Hinman files have no ties to the court’s due process. At the end of October, about 18 month wait and 6 courts important for the course of the case after the decision hinman There was a statement from the court that the documents had been accessed.
SEC’s internal emails and notorious Drafts of the 2018 speech The Hinman documents, which cover the documents, have remained confidential since then due to SEC pressure.
The Ripple front, on the other hand, will assist them in the long-standing Hinman documents’ lawsuit against the SEC. vital proof thinks it is. Ripple management and community, which reacted strongly to this privacy request from the SEC, want the court to act fairly.
The SEC’s request to keep the Hinman documents confidential was previously denied by the court, and the US judge did not. hypocrisy described it as.