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According to a court filing, Judge Netburn determined that attorney-client privilege does not extend to internal records related to the William Hinman speech.
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Jed McCaleb sold all of his 9 billion XRP holdings in eight years, one month, and 25 days.
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Ripple (XRP) has fallen in the last three days after rejecting the high of $0.38. The decline has reached a low above the 21-day simple moving average (SMA). The bears have used this advantage to drive the altcoin down to its previous low of $0.30.
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In the latest twist in the SEC vs. Ripple lawsuit, the US Securities and Exchange Commission has retaliated against Ripple, objecting to the payment giant's attempts to redact material that it considers'sensitive and secret
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To have it both ways, the SEC accidentally re-evaluated the Hinman speech, which re-evaluated the fair notice defense and put the Hinman speech back into play as "market direction."
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This job hasn't been filled since Governor Randal Quarles left in October of last year.
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XRP has had a good week, thanks to the Ripple v SEC news releases that have bolstered the price of XRP.
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The SEC's (CRYPTO:XRP) lawsuit against XRP's (CRYPTO:XRP) creators continues. Ripple Labs recently requested a variety of things from the court hearing over the lawsuit, including:
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Relisting of XRP might come sooner than predicted if this analysis is correct and the SEC is not successful in appealing the DPP verdict.