As per the recent update shared by the defense counsel James K. to fillRipple has scored a minor victory in the ongoing lawsuit as a court has denied the SEC’s request to completely seal off the amicus’ request to participate in the DuBart challenge.
#XRPCommunity #SECGov V #Wave #XRP The Court declined to seal the SEC’s motion and ordered it to file a revised version of the brief by June 14 and, under the seal, “only to the extent necessary to protect the information to be filed under the seal.” Revised information, displayed under seal.” pic.twitter.com/rtblZL40eH
– James K. Filan 101k+ (Beware of Cheaters) (@FilanLaw) 9 June 2022
Fillon wrote: “The Court declined to seal the SEC’s motion and ordered it to seal by June 14 a revised version of the abridged and performance, necessary to safeguard the information to be filed under the seal.” Revised information to the extent only.
He continues, “The Court also orders that by June 14, 2022, the SEC shall file a letter explaining its proposed amendments and specifying what performance it seeks to seal.” Essentially, the court agreed with Ripple, saying that the SEC was trying to seal more than necessary.
Previously, Ripple’s defendants opposed the SEC’s motion to seal its response to an amicus request to attend the Dubert hearings.
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XRP-friendly advocate Jeremy Hogan explained Ripple’s previous response, indicating that the SEC does not wish to disclose the physical address of its expert, while “Ripple argues that only one document exposes the address of the expert and only A document needs to be sealed.”
Earlier, CryptoLaw founder John Deaton asked the court to file a brief in a Dobert challenge related to the opinion of expert SEC witness Patrick Doody, who claimed to know what prompted XRP holders to buy the asset. . The US Securities and Exchange Commission then informed the court of its objection to the amicus request permission requested by XRP holders.
Federal Judge Sarah Netburn held an in-person conference Tuesday to discuss the release of the Hinman documents. According to Fox correspondents Eleanor Terrett and Charles Gasparino, the Ripple lawsuit may come down to a speech made four years ago by former Securities and Exchange Commission executive William “Bill” Hinman.
