• The Ripple vs. SEC lawsuit is nearing its conclusion, with the recent unsealing of the Hinman documents drawing significant attention.
• In response to this development, Ripple CEO Brad Garlinghouse released a video discussing the contents of these documents, accusing the SEC of hypocrisy and unfair tactics.
• He asserted that the agency has been actively attempting to stifle innovation in cryptocurrency within the US space.
Hinman Email Controversy: Ripple CEO Exposes SEC’s Hypocrisy & Unfair Tactics
The Ripple versus SEC lawsuit nears its conclusion, with attention now turning to recently unsealed Hinman Documents. Released on June 12th to the public, these documents have become a source of intense interest due to an extended legal dispute between Ripple and the United States Securities and Exchange Commission (SEC).
Ripple CEO’s Response
In response to this development, Ripple CEO Brad Garlinghouse has taken to video to address what was contained in those emails, shedding light on what he perceives as the SEC’s hypocrisy and unfair tactics toward cryptocurrency growth in America.
Double Standards Revealed
Garlinghouse released a video discussing Bill Hinman’s speech from June 2018 which were contained in those newly disclosed documents. Through his analysis of those papers he exposed what he views as double standards employed by the SEC; additionally he suggested that they are actively working against innovation within US cryptocurrency space.
Garlinghouse’s Critique
In his video Garlinghouse commented: “After two years, seven court orders, and over $100 million in legal bills, the Hinman speech documents – including internal SEC emails and comments leading up to this now-infamous 2018 speech – have finally been unsealed.“
Conclusion
The release of these emails provides new perspective into both sides of this ongoing legal battle between Ripple and the United States Securities and Exchange Commission (SEC). With more information being revealed in each passing day it remains unclear whether or not justice will be served for either party involved but one thing is certain: both sides have strong arguments which could potentially shape how future cases involving cryptocurrencies will be handled by government agencies around world.