.SECGov wants to keep the Hinman emails under wraps
The letter is supposed to bolster the SEC’s pending motion for partial reconsideration and clarification of the court’s Jan. 13 court order. , Ripple scored a significant procedural win by convincing the court that the agency’s emails related to the pivotal Ethereum speech given by former top SEC official William Hinman weren’t privileged since these were merely his personal views. Yet, the regulator is attempting to keep these emails under wraps.
The defendants argued that the plaintiff attempted a “do-over” simply because it wasn’t happy with the initial ruling. Ripple insists that Hinman’s speech is “highly relevant” for the purposes of discovery. Obtaining the emails could make it easier for the defendants to rebuff the agency’s assertions about the regulatory status of the XRP cryptocurrency.
Hence, the SEC insists that the court should not compel it to produce its internal documents regardless of whether or not they are protected by deliberative process privilege . In other news, the SEC recently
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