June 22 (Cointime) - Ripple has released emails that the SEC wanted to keep confidential, revealing former SEC Director William Hinman's preparation for a 2018 speech on cryptocurrencies. However, legal experts have expressed skepticism about the significance of the emails.
Ripple hopes that the emails will help it argue that the SEC failed to provide "fair notice" to comply with federal securities laws, potentially allowing it to avoid a billion-dollar lawsuit.
The release of the emails could also benefit Coinbase, the largest cryptocurrency exchange in the US, which is also under SEC scrutiny. Ripple has called for an investigation into Hinman's impartiality, but legal experts believe the emails are unlikely to impact Ripple's case.
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