The Ripple vs. SEC lawsuit has been ongoing for two years and is coming to a close. Recently, Forbes journalist Roslyn Layton filed a motion to Judge Analisa Torres in the Southern District of New York to grant her public access to former SEC executive William Hinman’s controversial document.
The motion was in response to the SEC’s motion to seal some of the documents in December. Layton has written numerous articles to explain the role of Hinman’s speech in the crypto industry and how it justified the petition. She argues that the First Amendment and federal common law give the press fundamental rights to get access to these judicial documents.
Layton also states that this case is poised to determine the future of cryptocurrencies in the US and serve as a legal referendum on the SEC’s entire system of ‘regulation by enforcement’ for the industry.
Jason Foster, Founder and President of Empower Oversight, has expressed huge support for Layton. He believes that the public deserves to know what the Agency knew about the controversial speech. Empower Oversight is a nonprofit organization that seeks to improve independent oversight of government and corporate misconduct.
In December, Empower Oversight filed a record request with SEC to prevent delays in refusing to conduct comprehensive searches for records of communication with the names the Agency asked Empower Oversight to provide. Empower Oversight also filed an opposition to the SEC’s motion of summary judgment in the Freedom of Information Act (FOIA) lawsuit, regarding a document that had to do with the conflict of interest and selective enforcement in cryptocurrency cases.
On February 22, pro-XRP attorney James Filan disclosed that an amended motion to intervene has been filed. Layton has always maintained that the SEC offered Hinman speech documents in support of its summary judgment motion. She also argues that there is a lack of explicit regulatory guidance from the SEC, and this resulted in Hinman’s document taking the center stage at this point.
Ripple CEO Brad Garlinghouse has stated that when the documents come to light, people will understand why the SEC decided to bring a case against Ripple. He believes that the documents will show what the SEC was saying within their own walls.
Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
The Ripple vs. SEC lawsuit has created a great deal of drama and intrigue. Forbes journalist Roslyn Layton has filed a motion to Judge Analisa Torres in the Southern District of New York to grant her public access to former SEC executive William Hinman’s controversial document. Layton has written numerous articles to explain the role of Hinman’s speech in the crypto industry and how it justified the petition.
Layton argues that the First Amendment and federal common law give the press fundamental rights to get access to these judicial documents. She also states that this case is poised to determine the future of cryptocurrencies in the US and serve as a legal referendum on the SEC’s entire system of ‘regulation by enforcement’ for the industry.
Jason Foster, Founder and President of Empower Oversight, has expressed huge support for Layton. He believes that the public deserves to know what the Agency knew about the controversial speech. Empower Oversight is a nonprofit organization that seeks to improve independent oversight of government and corporate misconduct.
In December, Empower Oversight filed a record request with SEC to prevent delays in refusing to conduct comprehensive searches for records of communication with the names the Agency asked Empower Oversight to provide. Empower Oversight also filed an opposition to the SEC’s motion of summary judgment in the Freedom of Information Act (FOIA) lawsuit, regarding a document that had to do with the conflict of interest and selective enforcement in cryptocurrency cases.
On February 22, pro-XRP attorney James Filan disclosed that an amended motion to intervene has been filed. Layton has always maintained that the SEC offered Hinman speech documents in support of its summary judgment motion. She also argues that there is a lack of explicit regulatory guidance from the SEC, and this resulted in Hinman’s document taking the center stage at this point.
Ripple CEO Brad Garlinghouse has stated that when the documents come to light, people will understand why the SEC decided to bring a case against Ripple. He believes that the documents will show what the SEC was saying within their own walls.
The Ripple vs. SEC lawsuit is a high-profile case that will have a major impact on the cryptocurrency industry. It is important that the public has access to all the documents and information related to the case. This will ensure that the outcome of the case is fair and just and that the public has a full understanding of what happened in order to make an informed decision.
The SEC has a responsibility to be transparent and accountable to the public. Allowing public access to Hinman’s document is an important step in ensuring that the public has access to all the information needed to make an informed decision about the case.
Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
The Ripple vs. SEC lawsuit is an important case that will have far-reaching implications for the cryptocurrency industry. The public deserves to have access to all the documents and information related to the case in order to make an informed decision. Forbes journalist Roslyn Layton has filed a motion to Judge Analisa Torres in the Southern District of New York to grant her public access to former SEC executive William Hinman’s controversial document.
Layton argues that the First Amendment and federal common law give the press fundamental rights to get access to these judicial documents. She also states that this case is poised to determine the future of cryptocurrencies in the US and serve as a legal referendum on the SEC’s entire system of ‘regulation by enforcement’ for the industry.
Jason Foster, Founder and President of Empower Oversight, has expressed huge support for Layton. He believes that the public deserves to know what the Agency knew about the controversial speech. Empower Oversight is a nonprofit organization that seeks to improve independent oversight of government and corporate misconduct.
In December, Empower Oversight filed a record request with SEC to prevent delays in refusing to conduct comprehensive searches for records of communication with the names the Agency asked Empower Oversight to provide. Empower Oversight also filed an opposition to
