Ripple, SEC Seeks Extension To Reveal Hinman Docs – Crypto News – Crypto News
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Ripple, SEC Seeks Extension To Reveal Hinman Docs – Crypto News

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3 years ago

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XRP Lawsuit: Ripple Labs and others the defendants bagged a major win against the US Securities and Exchange Commission (SEC) in order to make Hinman speech related documents public. However, the latest court filings reveal that both parties need more time to reveal the controversial documents.

Also Read: Ripple CEO Warns “Confusing Laws” Will Push Crypto Firms To Leave US

Hinman Docs Revelation Hits Another Delay

according to the court filings, US SEC and Ripple have jointly requested a one-week extension on the date to file the infamous Hinman speech documents. It mentioned that in a joint request, the court is being asked to move the filing date to June 13th, 2023.

It highlighted that both the parties had earlier requested the court and the judge ordered that the public and redacted versions of the materials needed to be filled in 21 days. However, the parties seek an extension due to the “voluminous nature of the materials and redactions.”

The motion added that this is the first request to extend the deadline for filing these documents. However, in a similar request, earlier the court approved the timeline for the filing of public and redacted versions of the Daubert motions. Read More XRP Lawsuit News Here…

Also Read: Will Central Banks Utilize XRP Via Ripple’s CBDC Platform?

This latest action taken by both parties implies that the industry will have to wait for another extra one week to get access to the controversial Hinman speech documents.

Ashish believes in Decentralization and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at ashish@coingape.com

The content presented may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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