ICYMI: Judge reaffirms that SEC must produce materials related to Hinman speech in Ripple case
A magistrate judge has again denied the SEC’s attempts to shield documents related to a 2018 speech in its ongoing fight with Ripple.
A magistrate judge reaffirmed yesterday that the Securities and Exchange Commission must hand over documents related to former Commissioner Bill Hinman's speech on cryptocurrencies in its case with Ripple. The Court was unconvinced by both arguments, ruling that the SEC would have to produce the documents. Netburn denied the SEC's request to reconsider the court order in April. At that time, her orderThe securities regulator made another attempt to shield the documents in June by arguing that attorney-client privilege applied to the speech, as it was developed with SEC attorneys as part of Hinman's official duties.
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