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HomeCrypto NewsMarketPro-XRP Attorney Praises Judge Torres as “The People's Judge” in Landmark Ruling

Pro-XRP Attorney Praises Judge Torres as “The People’s Judge” in Landmark Ruling

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Pro-XRP lawyer Jeremy Hogan praises Judge Torres as “The People’s Judge” for ruling on public access to Hinman Speech Documents in SEC vs. Ripple legal battle.

In a recent legal development surrounding the ongoing legal battle between the United States Securities and Exchange Commission (SEC) and Ripple Labs, a notable pro-XRP attorney, Jeremy Hogan, has lauded U.S. District Judge Analisa Torres for her role in a groundbreaking ruling.

In a tweet on Tuesday, Hogan hailed Judge Torres as “The People’s Judge” following her decision affirming public access to the Hinman Speech Documents, as it represents a commitment to transparency in the ongoing case.

Hogan’s endorsement of Judge Torres stems from the belief that her ruling aligns with the interests of XRP holders and Ripple Labs and the overall crypto regulatory clarity required in the U.S. The XRP community has long called for greater clarity and access to information regarding the SEC’s allegations against Ripple. 

 

Notably, the Hinman Speech Documents, named after William Hinman, the former director of the SEC’s Division of Corporation Finance, have been at the center of the SEC’s case against Ripple Labs. These documents are believed to hold critical information regarding the SEC’s stance on XRP’s security classification, a designation Ripple has strongly contested.

Court Denies Motion to Seal Hinman Speech

As reported by The Crypto Basic, Judge Torres delivered a resolute statement emphasizing that the Hinman Speech Documents are indeed judicial documents with a robust presumption of public access. She underscored their significance in the proper execution of the judicial function and their value in facilitating the judicial process.

Consequently, the judge’s ruling rejected the SEC’s arguments for sealing the documents, stating that such action would not be related to preserving “openness and candor” within the SEC.

Notably, Judge Torres has garnered praise from the XRP community. Ripple’s legal team and XRP holders hope that the release of these documents will further support their argument against the SEC’s allegations.

As previously reported, Attorney Deaton indicated Judge Torres faces unprecedented pressure in Ripple’s lawsuit, as she has to decide on the biggest case in Crypto that will impact the entire US crypto space.

Deaton also highlights the significance of Judge Torres’ decision, says this pivotal ruling holds immense importance for the US crypto industry, which is eagerly awaiting regulatory clarity.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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