Court To Make Hinman Docs Public Or SEC Can Still Save it?

The U.S. Securities and Exchange Commission (SEC) has again brought up the Hinman emails and related documents in the XRP Lawsuit. However, the SEC already lost its assertion over the doc and surrendered them to the Ripple and defendants.

Can SEC Still Save Hinman Doc in XRP lawsuit?

According to the latest filings in the XRP lawsuit, the SEC is still in pursuit of protecting the Hinman docs even after losing the key battle. Meanwhile, this time the commission is asking the court to not make the memos public.

The SEC has asked the court to keep the emails out of public view or else the docs would be “foreclosed” from making “such argument” in the future. Read More XRP Lawsuit News Here

This can be another round of the SEC going to fight over the Hinman Docs as it is expected that the judge might order to unseal docs. The Commission would again bring up the Deliberative Process Privileges (DPP) and Attorney Client Privilege (ACP) in the XRP lawsuit. However, the commission has lost its argument over these docs around 6 times till now.

What SEC can do here?

Experts following the XRP lawsuit suggest that SEC may choose to file their interlocutory appeal at this time. Attorney Jeremy Hogan suggested that the commission might have 60 days from the date of the order to not seal the emails.

Attorney added that this might happen quicker than expected as the commission needs to appeal before the Summary Judgment ruling. However, the other expectation is that Judge Torres gives a ruling on sealing issues and Summary Judgment at the same.