Categories

Most Popular

RIPPLE’S “BIGGEST VICTORY” TRIGGERS XRP HOLDERS’ REQUEST FOR UNPRIVILEGED SEC MEETINGS

“The biggest victory for Ripple and XRPHolders, from Judge Netburn’s recent decision, isn’t necessarily the email with the Draft version of the Hinman speech.”

John Deaton, the attorney representing the more than 50,000 XRP Holders which have been granted Amicus Curiae status in the SEC v. Ripple lawsuit, has plans to use that status to file a FOIA request in regard to SEC documents Judge Sarah Netburn has recently ruled not to be protected by deliberative process privilege (DPP).

The lawyer has gone to Twitter to explain in what way the ruling, which was reported as being a mixed outcome for Ripple, could in fact be a resounding victory for Ripple.

| BIGGEST VICTORY FOR RIPPLE ARE NOTES FROM MEETINGS

“The biggest victory for Ripple and XRPHolders, from Judge Netburn’s recent decision, isn’t necessarily the email with the Draft version of the Hinman speech. The most significant victory could prove to be the notes from meetings with 3rd parties not associated w/ Ripple.”

Deaton further explained those third parties are very likely to be Ethereum’s Joseph Lybin and executive(s) from ConsenSys, who met with Hinman and others, as well as VC Working Group (a member of the Enterprise Ethereum Alliance).

“These notes are no doubt from the above meetings. Judge Netburn ruled the SEC can still invoke attorney client privilege regarding the personal notes Memo by Valerie Szczepanik and others, but if the notes contain statements made by the people at the meetings – its NOT privileged.”

In order to ascertain what happened in those meeting, whether XRP, Ether, and BTC were mentioned and/or distinguished, John Deaton has decided XRP Holders will be filing a new FOIA request based on Judge Netburn’s finding the meeting its not covered by DPP.

Source:financefeeds.com

    Leave Your Comment

    Your email address will not be published.*

    Forgot Password

    Ledger Nano X - The secure hardware wallet