XRPย Rippleย (XRP) News: Brad Garlinghouse, Ripple CEO and a defendant in the lawsuit filed by Unitedย States Securities and Exchange Commission (SEC) is expecting the much anticipated verdict soon. In a recent interview at Redefine Tomorrow 2023 summit, Garlinghouse intimated that after resolution over critical Hinman Docs. a judgment canย potentially land in the coming weeks.
Hinman Docs Is The Key In Ripple Lawsuit?
Speaking at the event, Ripple CEO indicatedย that in terms of where things stand today in the legal battle against the Unitedย States SEC, he is confident of receiving a judgment inย theย year. He added this canย potentially happen in weeks and not even months.
Garlinghouse highlighted theย pastย few court ruling where the judge declined the Unitedย States SECโs motion to redact certain information from the infamous Hinman Ethereumย (ETH) Speech. As Coingape informed, the court thinksย that the speech memos are Judicial documents and should go in public.
Nonetheless, the worldwide cryptocurrency industry will have to wait toย win access to the Hinman speech docs as Unitedย States SEC and Ripple in a joint request requested the court for one week extension. The controversial speech linked memos are expected to be released on June 13th, 2023. Read More XRPย Rippleย (XRP) News Hereโฆ
Cryptocurrency Industry Needs Clear Regulations
Ripple CEO wasย known the courtโs decision on Hinman Docs a big win for transparency. He alsoย mentionedย that there has been not much clarity on the regulations regardlessย of calls and demand from the cryptocurrency leaders across the industry.
He alsoย mentionedย that by fighting this case, Ripple has wasย known out theย Unitedย States Government and SEC for putting politics ahead of smart policies. This is the main reason that most of the cryptocurrency entrepreneurs and corporations are choosing to move out of the Unitedย States. Nonetheless, regardlessย of facing legal challenges from the commission over the nature of XRPย Rippleย (XRP), Rippleโs growth with On demand liquidity (ODL) has not been hampered.
