In August 2021, Ripple Labs filed a motion to compel. Since that motion, Ripple defense lawyer Matthew Solomon objected to the SEC brief, noting that the SEC has filed at least six motions to contest Ripple’s motion to compel.
In 2018, Hinman said that bitcoin (BTC) and Ethereum (ETH) are not securities.
Since the SEC’s May 18 response to a Ripple Lab reply on May 13, the courts were silent until Tuesday.
June 7 Conference Scheduled on Hinman Attorney-Client Privilege Claims
This morning, defense attorney James Filan announced news of a Tuesday, June 7, 2022, conference to discuss the SEC claims of attorney-client privilege regarding the 2018 Hinman speech documents. This is the next court date for the SEC v Ripple case.
Taking to Twitter, Filan said,
“BREAKING: Conference scheduled for Tuesday, June 07, 2022, at 3:00 p.m. to discuss the SEC’s renewed assertion of the attorney-client privilege as to internal documents related to Hinman’s June 14, 2018 speech.”
#XRPCommunity #SECGov v. #Ripple #XRP BREAKING: Conference scheduled for Tuesday, June 07, 2022, at 3:00 p.m. to discuss the SEC’s renewed assertion of the attorney-client privilege as to internal documents related to Hinman’s June 14, 2018 speech. pic.twitter.com/F6Wn0OxZ3m
— James K. Filan 🇺🇸🇮🇪100k+ (beware of imposters) (@FilanLaw) May 31, 2022
According to a letter from Judge Sarah Netburn, SEC and Ripple Lab legal teams are to attend in person. Judge Netburn did not provide any dial-in details for the June 7 conference.
With the courts having previously ruled twice in favor of Ripple Lab, any ruling in favor of Ripple Lab will likely result in more motions from the SEC to contest the court’s decision. However, we can expect plenty of XRP sensitivity to updates from the June 7 conference.
