Ripple’s CEO sees release of Hinman documents as positive
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 unsealed on June 13, and according to Garlinghouse, they have been “well worth the wait.” The Hinman documents refer to a deposition of William Hinman, the former director of the Division of Corporation Finance at the U.S. Securities and Exchange Commission (SEC). The deposition is part of the ongoing legal battle between Ripple and the SEC, which alleges that Ripple conducted an unregistered securities offering by selling XRP. Garlinghouse’s comments suggest that the documents may contain information favorable to Ripple’s case. However, the specifics of what the documents contain remain unknown until their release . The outcome of the Ripple-SEC lawsuit could have significant implications for the broader crypto industry, potent...