Defense lawyer and former federal prosecutor James K. Filan anticipates the release of the Hinman Speech documents to the public by June 6th, as indicated by a previous court order. These documents pertain to a 2018 speech by former SEC director Bill Hinman, where he stated that Ether was not a security. They contain internal SEC discussions and deliberations regarding this speech.
Filan, who has been closely monitoring the SEC vs Ripple case, shared this update on Twitter on May 17th. The release of the Hinman documents is highly anticipated, as they could provide insights into the SEC’s views on cryptocurrencies and their classification as securities.
The Hinman Speech has been a significant point of contention in the ongoing legal battle between the SEC and Ripple. The release of the documents could shed light on the SEC’s reasoning behind its stance on Ether and potentially impact similar cases involving cryptocurrencies.
The expected public release of the Hinman Speech documents by June 6 raises anticipation among industry participants and legal observers, as they seek to gain a deeper understanding of the SEC’s perspective on cryptocurrencies and its implications for the regulatory landscape.
Others in the XRP community, such as AshleyPROSPER1, believe that the prospect of the documents being unsealed could spur either side to pursue a settlement, as they both may have information that they would not like the public to get their hands on.
A tweet by Brad Garlinghouse, Ripple CEO on May 16th, indicates Ripple is keen to see the unredacted Hinman emails to be “publicly available soon.”