Ripple’s Big Win In the lawsuit, Is the Saga Nearing the End?

Arrow

Judge Sarah Netburn has denied any reconsideration for SEC in regards to the deliberate process privilege (DPP) ruling.

The judge insisted that the Securities Exchange and Commission had to release Hinman’s email. The court has now instructed the SEC to release the email along with a draft of the Ethereum speech that was given by former top SEC official William Hinman among other documents.

The attorney James K. Filan claimed that it is a very big win for Ripple. He said that the SEC has 14 days to file a reply to Judge Torres’ rulings.

Overall it seems that, SEC is now in a hurt locker, and the batch of documents it has been ordered to turn over is so important to the regulator that they would rather reach a settlement than let Ripple have them.