Cointime

Download App
iOS & Android

Attorney Deaton Says Hinman Docs Release Impacts SEC Case Against Ripple Executives

According to attorney John Deaton, the release of the Hinman documents makes it impossible for the SEC to argue that Ripple executives Brad Garlinghouse and Chris Larsen were reckless in distributing XRP.

The documents show that top SEC officials were uncertain whether crypto assets fall under the agency's purview and warned against Hinman's speech, which declared Bitcoin and Ethereum as non-securities.

Deaton believes the SEC cannot win its case against Ripple executives and that they were only sued because the agency has always been a bully.

Comments

All Comments

Recommended for you

  • BTC breaks through $71,500

    the market shows BTC has broken through $71,500 and is now trading at $71,502, with a 24-hour increase of 0.24%. The market is volatile, so please be prepared for risk control.
  • BTC breaks through $70,500

     the market shows that BTC has broken through $70,500 and is now trading at $70,503.37, with a 24-hour decline of 1.91%. The market is volatile, so please manage your risks.
  • GRASS briefly broke through $1.1

     GRASS has broken through 1.1 US dollars in a short period of time and is currently trading at 1.0512 US dollars, with a 24-hour increase of over 60%. The market is volatile, so please be prepared for risk control.
  • BTC breaks through $71,500

    the market shows that BTC has broken through $71,500 and is now reported at $71,526.32, with a 24-hour increase of 5.61%. The market is volatile, please be prepared for risk control.
  • BTC breaks through $71,000

    according to market data, BTC has broken through $71,000 and is currently trading at $71,000.02, with a 24-hour increase of 4.81%. The market is volatile, so please be prepared for risk control.
  • BTC falls below $68,500

    market shows that BTC has fallen below $68,500, currently reporting at $68,490.25, with a 24-hour increase narrowing to 1.1%. The market is volatile, so please be prepared for risk control.
  • Trump pledges to fire SEC Chair Gary Gensler ‘on day one’ if reelected

    The Republican candidate laid out a plan for crypto policies should he win in November against prospective Democratic presidential nominee Kamala Harris.
  • Bloomberg ETF Analyst: XRP ETF may be the next exchange-traded fund product to be launched

    Bloomberg ETF analyst James Seyffart forwarded market news on X platform, stating that during the Bitcoin 2024 conference, Discover Crypto CEO Joshua Jake was interviewed and he said that XRP ETF could be the next possible exchange-traded fund product to launch.
  • Cointime June 29th News Express

    1. In the past 24 hours, the transaction volume of Pudgy Penguins was nearly 2 million US dollars, an increase of nearly 700%
  • The US SEC has returned the S-1 form to the potential Ethereum ETF issuer with a few comments, asking it to fix the problem and resubmit.

    The US Securities and Exchange Commission has returned the S-1 form to the potential Ethereum ETF issuer with some comments, asking them to address the issues and resubmit. Sources say that at least one more round of review is needed before these measures can take effect. The issuer has reportedly been asked to address these comments and resubmit before July 8th. Sources note that this will not be the final declaration after the form is returned, meaning that at least one more declaration is needed before the ETF can begin trading.