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Interesting news has emerged. A judge has ruled to disclose documents related to William Hinman in the Ripple-SEC lawsuit. Judge Analisa Torres has ordered the SEC to hand over Hinman’s documents to Ripple Labs.
Do you know why this is important? The key point is Hinman’s speech at the Yahoo Finance All Markets Summit in June 2018, when he was an SEC official. He clearly stated that "Bitcoin and Ethereum are not securities." The Hinman documents containing this statement could serve as crucial evidence in this case.
Why has the SEC been reluctant to release these materials until now? Anyway, the court has now intervened to force the disclosure of Hinman’s documents. This is a very positive ruling for Ripple, and it could also be a significant event revealing the SEC’s inconsistency across the entire cryptocurrency industry. It’s worth watching how the release of these documents might influence the outcome of the lawsuit.