{"id":531411,"date":"2022-12-26T09:45:00","date_gmt":"2022-12-26T06:45:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/sec-seeks-to-keep-hinman-documents-hidden-in-ripple-case\/"},"modified":"2022-12-26T09:45:00","modified_gmt":"2022-12-26T06:45:00","slug":"sec-seeks-to-keep-hinman-documents-hidden-in-ripple-case","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/sec-seeks-to-keep-hinman-documents-hidden-in-ripple-case\/","title":{"rendered":"# SEC seeks to keep Hinman documents hidden in Ripple case"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a28bb563cd48\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a28bb563cd48\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/sec-seeks-to-keep-hinman-documents-hidden-in-ripple-case\/#%E2%80%9D_SEC_seeks_to_keep_Hinman_documents_hidden_in_Ripple_case_%E2%80%9C\" >&#8221; SEC seeks to keep Hinman documents hidden in Ripple case &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_SEC_seeks_to_keep_Hinman_documents_hidden_in_Ripple_case_%E2%80%9C\"><\/span>&#8221; SEC seeks to keep Hinman documents hidden in Ripple case &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvMWY0MTY2MWYtOTNjMC00NzAzLWI4ODEtZDU5NWU2MmRiMzQ5LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-71d2d00b>The United States Securities and Exchange Commission (SEC) has requested to seal the infamous Hinman Speech documents, claiming that they are not relevant to the court\u2019s summary judgment decision.<\/p>\n<p>The Motion to Seal Summary Judgment Document was <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.dropbox.com\/s\/0uullf9dlvxz3lm\/SEC%20Motion%20to%20Seal%20Summary%20Judgment%20Documents.pdf?dl=0\">filed<\/a> by the SEC on Dec. 22, requesting the sealing of various information and documents, most notably the Hinman Speech documents.<\/p>\n<p>The Hinman Speech documents refer to the speech given by former SEC Corporation Finance Division Director William Hinman at the Yahoo Finance All Markets Summit in June 2018, where he reportedly stated that Ether (ETH), the native token of the Ethereum blockchain, is not a security. <\/p>\n<p>Ripple believes it is a vital piece of evidence to help them with its case against the U.S. regulator.<\/p>\n<p>In its latest motion, the SEC said its mission outweighs the \u201cpublic\u2019s right\u201d to access documents that have \u201cno relevance\u201d to the Court\u2019s summary judgment decision.<\/p>\n<p>It also requested that any references to the Hinman Speech Documents be \u201credacted\u201d from the papers of the defendants.<\/p>\n<p>The SEC\u2019s request has sparked criticism from the crypto community, with one user suggesting that the SEC chairman Gary Gensler has a hidden agenda:<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Anyone else wonder what Gary Gensler and the SEC are hiding? <\/p>\n<p>\u2014 XRPcryptowolf (@XRPcryptowolf) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/XRPcryptowolf\/status\/1606054901594718208?ref_src=twsrc%5Etfw\">December 22, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>The document also requested to seal information relating to the SEC\u2019s expert witnesses and XRP investors that submitted declarations, as well as internal SEC documents reflecting debate and deliberation by SEC officials.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">No surprise the SEC wants to keep the Hinman emails\/docs redacted. At this point, given J. Torres&#8217; rulings to date (including her position that the emails are likely only relevant for impeachment), I predict she probably rules to keep them redacted. Sad, but not unreasonable.<\/p>\n<p>\u2014 Fred Rispoli (@freddyriz) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/freddyriz\/status\/1606046656952094720?ref_src=twsrc%5Etfw\">December 22, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>It comes only weeks after Ripple Labs filed its final submission against SEC on Dec. 2,\u00a0meaning the two-year legal battle may soon come to an end.\u00a0<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>SEC can\u2019t confirm if video of Bill Hinman is actually Bill Hinman in Ripple case<\/em><\/strong><\/p>\n<p>Ripple had confirmed on Oct. 21 that it had access to the Hinman Speech Documents after 18 months and six court orders, though the documents still remained confidential at the SEC\u2019s insistence.<\/p>\n<p>The SEC was previously denied by the courts to keep Hinman documents a secret, with the U.S. judge calling out the SEC\u2019s hypocrisy for doing so.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/sec-seeks-to-keep-hinman-documents-hidden-in-ripple-case\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; SEC seeks to keep Hinman documents hidden in Ripple case &#8220; The United States Securities and Exchange Commission (SEC) has requested to seal the infamous Hinman Speech documents, claiming that they are not relevant to the court\u2019s summary judgment decision. The Motion to Seal Summary Judgment Document was filed by the SEC on Dec&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":531412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2022-12\/1f41661f-93c0-4703-b881-d595e62db349.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74891,75034,74898,75557,74355,55229,70934],"class_list":["post-531411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-ethereum","tag-ripple","tag-sec","tag-xrp","tag-adoption","tag-law","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/531411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=531411"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/531411\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/531412"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=531411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=531411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=531411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}