Another important development took place in the ongoing lawsuit between Ripple (XRP) and the US Securities and Exchange Commission (SEC). Ripple General Counsel announced that they received the Hinman documents after a long wait.
Ripple General Counsel Stuart Alderotymade an important statement on its official Twitter address on Thursday, October 21. After about 18 months of waiting and 6 court decisions, it is important for the course of the case. hinman He said they had access to the documents. SEC’s internal emails and notorious Drafts of the 2018 speech For now, the Hinman documents remain confidential due to SEC pressure. These documents, which have not yet been shared with the public, have a critical role in the course of the long-term Ripple-SEC case.
Alderoty made the following statements in his post on the subject:
I’ve always felt good about our legal process and now I feel even better. I’ve always felt bad about the SEC’s tactics, and now I feel even worse about them.
Ripple CEO after sharing by Alderoty Brad Garlinghouse There were also statements supporting the words of the legal counsel:
The SEC wants you to think they care about disclosure, transparency, and clarity. Don’t believe them. When the truth finally comes out, the embarrassment of his actions here will shock you.
The outcome of the lawsuit in question has been eagerly awaited by Ripple investors for a long time. Ripple CEO Garlinghouse recently stated that there is no reason why the lawsuit took so long. corruption or conspiracy theory not, a “clarity” problem He stated that this was happening and that the SEC had recognition as not a security had stated that it was necessary.