Ripple Gets Access to Internal Documents from the SEC

According to Stuart Alderoty, legal adviser of fintech company Ripple, the firm has received internal documents from the SEC regarding a speech by former director of corporate finance for the regulator, William Hinman.

He has said:

“After over 18 months and 6 court orders, we finally have the Hinman documents (internal SEC emails and drafts of his infamous 2018 speech).”

According to him, the documents are still confidential, but “they were worth fighting for.”

This is the text of Hinman’s speech from 2018, when he stated that for various reasons, Bitcoin and Ethereum are not securities.

The SEC has argued that the former official’s speech reflected his personal views.