Ripple and the SEC have asked for more time to disclose the Hinman documents, which has led to speculation about a possible settlement in their ongoing legal battle. Both parties have argued that the voluminous nature of the materials and necessary redactions require more time.

The documents in question are related to a controversial 2018 speech by Bill Hinman, a former SEC director, where he stated that he did not consider Bitcoin or Ethereum as securities. The outcome of this lawsuit holds significant implications for the regulation of digital assets, not only in the United States but also globally.