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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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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.
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Despite the company's protests, Ripple officials have confirmed that the SEC prefers a jury trial.
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As part of its case against the US Securities and Exchange Commission (SEC), a lawyer for Ripple believes that the regulator will soon be targeting crypto exchanges.
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Investors were concerned about Ripple's (XRP-USD) price rising in the wake of Russia's invasion of Ukraine a few weeks ago. For reasons of Russia's banking sanctions, Ripple seemed to be a good bet to rise.
