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SEC Seeks To Keep Hinman Documents Hidden in Ripple Case

The United States Securities and Exchange Commission (SEC) has requested to seal the infamous Hinman Speech documents, claiming that they are not relevant to the court’s summary judgment decision.

The Hinman Speech documents refer to the speech given by former SEC Corporation Finance Division Director William Hinman at the Yahoo Finance All Markets Summit in June 2018, where he reportedly stated that Ether (ETH), the native token of the Ethereum blockchain, is not a security.

Ripple believes it is a vital piece of evidence to help them with its case against the U.S. regulator.

(By CIARAN LYONS)

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