After the controversial documents in the widely publicized drawn-out legal battle between Ripple and the United States Securities and Exchange Commission (SEC) finally became public, legal expert John Deaton has dissected the details of a deposition that took place a few years later.
Indeed, on June 14, 2018, the SEC’s division director William Hinman gave his infamous speech in which he claimed Ethereum (ETH) was not a security and caused more confusion in the cryptocurrency market, despite his own team advising against it, as the documents have shown.
Three years later, on July 27, 2021, a US District Court summoned Hinman for a deposition – long before Judge Analisa Torres ordered the SEC on September 29, 2022, to produce the email speech documents, Deaton said in a Twitter thread posted on June 16.
Deposition details
According to the lawyer, Hinman was not truthful during the deposition, believing the files would never become public. Specifically, when replying to the question
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