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The next phase of the ‘SEC vs Ripple’ case is set to move forward as U.S. District Judge Analisa Torres of the Southern District of New York filed paperwork on July 17 referring the case to Magistrate Judge Sarah Netburn.First reported by journalist Eleanor Terrett, the court issued an “amended
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In a report published June 15, JPMorgan’s analyst Nikolaos Panigirtzoglou said that SEC officials were unsure of Ethereum’s legal status in 2018. Leading American financial services company JPMorgan has highlighted the significant impact of the release of the Hinman documents on Ethereum in an ongoing court case between the United States
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The documents are likely to intensify the move among major cryptocurrencies to become more decentralized and look more like ether, the report said. Source
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The newly released Hinman documents relevant to the ongoing legal battle between Ripple and the United States Securities and Exchange Commission have shed light on internal divisions within the SEC and raised questions about its motives.The Hinman documents pertain to internal SEC communications regarding a speech delivered by former director
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Ripple Labs and the U.S. Securities and Exchange Commission (SEC) seem to be on the same page about the documents known as the Hinman Emails: The former official’s past remarks shouldn’t govern current policy. Source
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XRP’s sharp downturn happened as bitcoin (BTC) and ether (ETH), the two leading cryptocurrencies by market capitalization, lost key price levels Wednesday afternoon after the Federal Reserve’s latest interest rate decision. Despite the Fed pausing its rate hike campaign after 14 months, an event most traders thought would be bullish
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The documents might help the likes of Ripple, Coinbase and other businesses that have had a run-in with the SEC. The highly-anticipated Hinman documents have finally been unveiled and made available to the public. However, the contents therein may just have revealed why the United States Securities and Exchange Commission (SEC)
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Brad Garlinghouse, the CEO of Ripple, has expressed his anticipation for the upcoming release of the Hinman documents, hinting at potential positive implications for the legal status of XRP. The documents are scheduled to be
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Ripple’s chief legal officer Stuart Alderoty has called for an investigation into the motivations that led to former SEC official William Hinman delivering his now-infamous speech in 2018.Alderoty’s demand for an investigation came as part of a June 13 Twitter thread following the public release of the Hinman documents. The
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“As written, the language remains vague as to whether ETH is a security. If you want to make an affirmative statement that it is not a security, the language could be stronger (i.e., just say it). If you don't want to take an affirmative stance, we suggest using language similar
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