The eagerly awaited “Hinman documents” in the legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) have been published today! After the XRP price initially reacted moderately, the altcoin experienced a rise of about 6% at the time of writing.
Just yesterday, Ripple CEO Brad Garlinghouse said that the Hinman docs will be worth the wait. He was alluding to their potential importance of the documents for the ongoing legal battle. And XRP investors seem to agree with him, although not all community members are euphoric.
Ripple Vs. SEC: This Is What The Hinman Docs Reveal
Bill Morgan, a popular lawyer in the XRP community, declared that Stuart Alderoty (Ripple’s Chief Legal Officer, CLO) and Brad Garlinghouse “were not exaggerating”. According to him, “#Ethgate is alive and kicking after all.”
The documents reveal that Bill Hinman, the former director of the Division of Corporation Finance at the SEC, involved Ethereum founder Vitalik Buterin be
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