24/7 Cryptocurrency News

Ripple Call SEC’s Motion To Shield Hinman Speech “Premature”

Judge Netburn denied all claims of the SEC and asked them to produce the speech related documents in court.
Published by
Ripple Call SEC’s Motion To Shield Hinman Speech “Premature”

The U.S SEC has been shielding the infamous Hinman Ethereum speech related documents for a long time. However, the Ripple and defendants have filed their opposition to the commission’s appeal to submit a length brief in support of its objection to Judge Netburn.

Advertisement

Court denied SEC’s claims over Hinman speech

Hinman’s speech document still remains the key to the crucial lawsuit before going into the summary judgment. Meanwhile, Judge Netburn denied all claims of the commission and asked them to produce the speech related documents in court.

The letter submitted by the defendants mentioned that the court’s individual practices provide 20 pages for the objections. It does not provide for reply briefs and that too on the grounds that the objector should have full notice. The relevant opposition arguments on the issues are already ruled on by the Judge.

Defendants slammed the SEC’s request by calling it premature. It added that the commission has not even seen their opposition briefing yet. It is too early to conclude as there are arguments that it has not got the chance to address. However, it has not even offered any other justification for a reply.

Advertisement

Commission offered no justification

The defendants argued that the SEC has offered no such justifications to diverge from the applied rules. However, the commission has neither mentioned this in its letter nor to the Defendants.

It further highlighted that the commission is requesting to file twice the usual number of pages to support their objection. Meanwhile, the SEC stated justification for protesting against the three orders. Defendants mentioned that one of those orders is a denial of the motion for reconsideration.

However, the third order states the Judge gives the opportunity to SEC for renewing an assertion of the attorney client privilege. This order came after overruling the commission’s deliberative process privilege claim.

Advertisement

Share
Ashish Kumar

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at ashish@coingape.com

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

VanEck Registers Lido Staked Ethereum Trust in Delaware, LDO Up 7%

VanEck has formally registered its VanEck Lido Staked Ethereum ETF in Delaware. If approved, this…

October 3, 2025
  • 24/7 Cryptocurrency News

Fed’s Lorie Logan Urges Caution on Further Rate Cuts Citing Inflation Risks

Federal Reserve Bank of Dallas President Lorie Logan is the latest Fed official to share…

October 3, 2025
  • 24/7 Cryptocurrency News

Nasdaq-Listed Fitell Adds Pump.fun’s PUMP To Supplement Solana Treasury

Australia’s Fitell Corporation has purchased 216.8 million PUMP tokens for $1.5 million. The Nasdaq-listed company…

October 3, 2025
  • 24/7 Cryptocurrency News

FG Nexus to Tokenize Stock on Ethereum as SEC Weighs 24/7 Onchain Stock Trading

FG Nexus has announced that it will allow shareholders to convert common stock into tokenized…

October 2, 2025
  • Bitcoin News

Bitcoin Still Undervalued, JPMorgan Forecasts Rally to $165,000

JPMorgan says Bitcoin (BTC) is undervalued compared to gold and could rise to $165,000, giving…

October 2, 2025
  • 24/7 Cryptocurrency News

Breaking: CME to Launch 24/7 Crypto Futures Trading Amid Rising Institutional Demand

Derivatives exchange CME Group has announced plans to begin offering 247/7  crypto futures and options…

October 2, 2025