Ripple Responds to SEC's Objections Regarding Hinman Email Rulings

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Ripple Responds to SEC's Objections Regarding Hinman Email Rulings
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.Ripple has asked the court to reject SECGov's objections

The court also rejected the SEC’s attorney-client privilege claims in July. The court said that providing legal advice wasn’t the predominant purpose of the communications., requested permission to file objections to the latest ruling in late July.

Ripple claims that the SEC “mischaracterizes” Judge Netburn’s opinions in its objections to the court’s decision regarding DPP. The defendants also claim that the regulatory agency has offered “no basis” to find that the court made any error with the ruling on APP. The defendants claim that the speech documents may reveal the extent of the agency’s awareness of common practices in crypto trading, potentially shedding light on regulatory uncertainty and bolstering Ripple’s fair notice defense. The defendants could rely on the documents to reduce potential disgorgement.

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