XRP Lawsuit: Ripple Seek To File For Misconduct Post Hinman Docs Release?
XRP Lawsuit News: The release of crucial Hinman speech linked documents in the XRP lawsuit led to several speculations in the crypto industry. The memos revealed that the Ethereum (ETH) founder, Vitalik Buterin was involved in the process of the infamous speech. However, this event has also raised questions about the involvement of judges in the case.
Also Read: Ripple CEO Alleges SEC Chair Incorrectly Labels Tokens As Securities
Judge Torres To address Overreach In XRP Lawsuit?
Attorney John Deaton, Amicus curiae in the US SEC vs Ripple lawsuit mentioned that there are several instances of corrupt judges and political affiliations in history. However, this might not be the situation in the XRP lawsuit as he knows how District Judge Analisa Torres got selected. He added that she was less political than most of the federal judge.
XRP holders’ lawyer hinted that government overreach and the commission’s conduct might offend the judge to a certain point that she decides to comment on it. Despite the motives involved by former SEC director Hinmans and the US SEC, Judge Torres is expected to apply the law the way she sees it.
Misconduct In Ripple Case?
It is important to note that there is no such motion presented to throw out the XRP lawsuit due to misconduct. There are many voices in the industry that consider this as an option but Ripple hasn’t filed anything like that.
Rug Pull Alert: List Of Altcoins Bankrupt Celsius Network Will Sell On July 1st
The attorney stated that he is not surprised that Ripple didn’t move forward to file a motion around bad motives or misconduct. However, it is a bit of a shocker that the defendants didn’t intertwine the narrative of the pleadings. He suggested that selective enforcement happens all the time but this doesn’t mean that Ripple would take that route.
- Avalanche Treasury Seals $675M Deal With Mountain Lake to Build $1B AVAX Vehicle
- Just In: Nasdaq-Listed VivoPower Raises $19M in Equity to Expand XRP Treasury Holdings
- Solana Price Rallies 5% as Nasdaq-listed VisionSys Launches $2B SOL Treasury Strategy
- XRP Ledger Rolls Out MPT Standard for Real-World Asset Tokenization
- SEC Puts Crypto ETF Approvals On Hold Following U.S. Government Shutdown
- Cardano Price Forecast As Hashdex Listing Fuels Optimism For $1.27 Breakout
- BONK Price Rally Ahead? Open Interest Jumps as TD Buy Signal Flashes
- Shiba Inu Price to Surge as Whales Buy and Team Commits to Shibarium Growth
- XRP Price Prediction After Ripple CTO David Schwartz Resigns
- SUI Price Eyes $4.5 as Coinbase Futures Listing Sparks Market Optimism
- Chainlink Price Holds $20 Support Amid Tokenization With DTA Standard Progress – Is $47 Next?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal 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.
