24/7 Cryptocurrency News

Just In: Ripple Proposes “Narrowly Tailored Redactions” Against SEC

The SEC vs Ripple case reached a crucial point where the court has denied the commission’s claims over the Hinman speech related documents
Published by
Just In: Ripple Proposes “Narrowly Tailored Redactions” Against SEC

The U.S SEC vs Ripple lawsuit has reached a crucial point where the court has denied the commission’s claims over the Hinman speech related documents. Meanwhile, the defendants have filed another request related to the amici motion.

Advertisement

Ripple asks to prevent disclosure

The court denied Defendants’ motion to seal its request to the commission letter on July 11, 2022. However, the court invited some narrowly tailored redactions. Taking advantage of this relief, the Ripple and party moved very limited redactions.

The letter mentioned that copy of the proposed redactions has been submitted to the court under seak for consideration. It is related to the employee’s e-mail addresses appearing in exhibit O. Defendant highlighted that these employees are not partied involved in the case. Meanwhile, one of them left the blockchain firm days before the complaint was filed.

It added that the mentioned person has been deposed nor identified as the potential witness by the parties. They hold huge privacy interests and should get protection to prevent the disclosure of their identities.

Advertisement

Court’s findings won’t depend on this

The defendants mentioned that these identities are not included in the portion highlighted by the SEC. The court’s findings will not depend on the identity of these employees. However, the commission hasn’t contended in its submissions to the court.

Meanwhile, the motion also added that they are not requesting some of the redactions from the authority’s letter. They will be supporting them to unseal them completely. However, the Defendants asked the court to unseal Exhibit L even though it contains details about the SEC”s expert’s report.

Earlier, the court gave a major win to the Ripple and defendants in the case. It denied a huge SEC’s assertion over the infamous Hinman Ethereum speech. Now, the authority will have to submit the speech related documents for an in-camera review.

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