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SEC v. Ripple: Court to Publicly File the Official Transcript of the June 7, 2022 Conference in September 2022

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The Securities and Exchange Commission (SEC) and Ripple have been notified that the Notice of Filing of the official transcript of the June 7, 2022 conference has been filed by the court reporter Kelly Surina. 

The notice is a call to the parties, Ripple and SEC, to propose redactions to selected portions of the transcript before the court makes the transcript public.

Both Ripple and the SEC are requested to submit proposed redactions to the transcript on or before seven days of the notice.

Per the court’s order, Ripple and the SEC will only be allowed to propose redactions to the “following personal data identifiers: Social Security Numbers, date of births, minor names, and financial account numbers.”

The parties are advised to make reference to Civil Procedure rules 5.2 and 49.1 before filing their proposed redactions. After the redaction is filed, the court noted that it will make public the official transcript of the June 7, 2022 conference in 90 days.

Attorney James K. Filan, while sharing the development on his Twitter page, said he expects the official transcript to be made available to the public sooner than expected.

Public Conference Held to End the Dispute Surrounding Hinman’s Documents

It can be recalled that Judge Sarah Netburn scheduled a conference earlier this month for Ripple and the SEC to iron out any issues surrounding the William Hinman document that led to the formulation of the speech.

The document is an integral part of the lawsuit and has attracted lots of fuss in the past months. The document led to a June 14, 2018 speech that prompted Hinman, the former director of the SEC’s Corporation Finance to declare ETH as a non-security.

Ripple has launched several efforts to force the SEC to surrender the document, but the agency is in no mood to grant the blockchain company unrestricted access to it.

Despite being ordered to surrender the documents, the SEC launched another bid to keep them. This time, it claimed the document is protected by attorney-client privilege.

According to the SEC, Hinman received legal advice from SEC’s attorneys while preparing the document.

Interestingly, Judge Netburn, during the conference, did not share the same sentiment, as she believes the SEC is only using the attorney-client assertion to keep the documents away from Ripple.

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The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Lele Jimaa
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.


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