Among those seeking to get their eyes on Hinman’s documents is the entity Digital Assets Investor (DAI). On Tuesday, the entity enquired from the renowned XRP community lawyer representing over 75k XRP holders in court to know the reasons Ripple is withholding the documents from the public.
The Digital Asset Investor Twitter account wrote, “Hey John Deaton, can we get an update on this. So Ripple has the documents. What is preventing them from being released “at the SEC’s insistence”? Why are they in a position to insist anything? To me this is everything.”
In response, the founder of Crypto-Law, John Deaton remarked that the San Francisco-based cross-border payment firm will be violating the court’s order if they publicized the documents. He added that there was a legal agreement between the SEC and Ripple to keep Hinman’s document confidential.
“There’s a protective order in place between the parties. When one side marks something “confidential” the other side cannot disclose or release them. If you do, you are in violation of the Court’s protective order. We see them if the SEC agrees or the Court orders them unsealed,” he wrote.
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