XRP lawsuit: Ripple shoots off its response, says SEC is trying to hide its weakness from public scrutiny XRPArmy XRPCommunity RippleXRP
As stated in a brief shared by defense lawyer, James K. Filan, the Ripple defendants stated no objection to the SEC's move to seal off some exhibits in their entirety, including those identifying information about the expert. It states that the SEC decided to seal the remainder of the exhibits and its proposed redactions to the opposition letter it filed. Ripple feels that the SEC"has not satisfied the standards in sealing off the documents.
Further,"the SEC has requested redactions of passages that demonstrate the weakness of the expert's analysis." These passages do not pose any safety risk but instead appear to be targeting information that would reflect weakness in the SEC's case." In previous updates, the agency filed a letter requesting that the court seal a portion of Exhibit A to the Ripple defendants' latest filing regarding the insufficiency of the SEC's responses to the Fourth Set of Requests for Admission, to which Ripple did not object.
In another update shared by James K. Filan, the court has ordered the SEC to provide to the court, by June 16, 10 additional documents for in-camera review to assist the court with its decision regarding the SEC's claims of attorney-client privilege in connection with the Hinman speech. SEC's winning potential decreases. There would be 10 less documents in the evidentiary record for Torres to review, while Ripple would hammer that SEC had yet another chance to produce more docs to support its contention yet passed on the opportunity.Meanwhile, the XRP community continues to keep its fingers crossed regarding the Hinman email issue.
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