Eleanor Terrett Fox News Reporter Shares Expectations About Ripple Cases Awaiting Two Major Decisions
The first was Judge Netburn’s decision as to whether Hinman’s emails and documents were subject to attorney-client rights.
The second is Judge Torres’ decision on the SEC’s move to seal its objection to CryptoLaw founder John Deaton’s request to file an amicus summary of the agency’s expert witness, Patrick Doody.
The SEC has previously made great efforts to conceal Hinman’s emails. The agency is now trying to convince judges that documents requested by defendants are protected by the privileges of attorney-clients after the court rejected the clause. Arguing about Intentional Process Privileges (DPP)
The SEC has now requested that 10 documents be submitted to assist the court in its decision. Judge Sarah Netburn held a conference call earlier this month to review the publication.
Correspondents Eleanor Terrett and Charles Gasparino said Ripple’s lawsuit could be settled by William “Bill” Hinman, a former Securities and Exchange Commission employee four years ago.
In his criticism of the controversial 2018 speech, Stuart Alderoty, Ripple’s general counsel, claimed that Ethereum’s remarks were at the heart of the company’s fight against regulators.
In a 2018 lecture, Willian Hinman, a former U.S. Securities and Exchange Commissioner, announced that Ethereum, the second largest cryptocurrency by market cap, is not a security.
In May, CryptoLaw founder John Deaton asked the court to submit a summary amicus to challenge Daubert in relation to the testimony of Patrick Doody, an SEC expert witness who claimed to understand the factors that led XRP holders to purchase the asset.
However, according to a recent update shared by defense attorneys. James K. Filan Ripple defendants have asked for a public response to the SEC’s objection to the amici move.
