Wednesday, August 10, 2022
Home Crypto News Market SEC v. Ripple: Court to Publicly File the Official Transcript of the...

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

- Advertisement -
Follow-Us-On-Google-News

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.

- Advertisement -

Disclaimer

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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Metaverse Memecoin Tamadoge Raises $1 Million Midway Through Its Beta Sale

London, UK, 10th August, 2022, ChainwireTamadoge, the P2E metaverse meme coin, has raised $1 million after just 12 days of its beta sale. The...

Vitalik Buterin, Justin Sun, Binance, FTX Join 440 Addresses Receiving 0.1 Ethereum From Sanctioned Tornado Cash

  Binance and FTX Join the 440 Addresses That Received 0.1 ETH From Sanctioned Tornado Cash. window.coinzilla_display =...

Nigerians Can Now Pay Their Utility Bills With Bitcoin

  Cryptocurrency is now accepted for utility payments in Nigeria. window.coinzilla_display = window.coinzilla_display || ; ...

GALA, The World-Leading Web3 Company, Spearheads A New ERA Of Entertainment With GALA FILM

Jackson, USA, 9th August 2022, Chainwire Announce Partnership With Stick Figure Productions to Distribute Four Down Executive Produced by Dwayne Johnson and More. Gala, one of...

XRP Shuffling Continues, 375 Million XRP Moved Around Ripple, Exchanges, and Unknown Wallets 

  Whale Alert continues to keep tabs on these large XRP movements. window.coinzilla_display = window.coinzilla_display || ; ...

Ethereum Proof-of-Work Fork (ETHPOW) Driven By Miners To Abolish EIP-1559

  EIP-1559 will be abolished in the Ethereum proof-of-work (PoW) fork. window.coinzilla_display = window.coinzilla_display || ; ...

CryptoCom CEO: Crypto Industry Will Comeback Very Strongly

Crypto Industry Will Come Back Very Strongly, says the world's top exchange CEO. window.coinzilla_display = window.coinzilla_display ||...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.