U.S. District Judge Grants Ripple's Motion to Verify Videos of Seven SEC Officials' Public Statements

Former U.S. Attorney James K. Filan tweeted that in a text-only order (Text Only Order), U.S. District Judge Netburn approved Ripple’s motion to serve two subpoenas to verify seven U.S. securities Videos of public remarks by SEC officials and ignoring SEC allegations that defendants attempted to reopen the discovery process. Foresight News previously reported that a U.S. magistrate judge asked the U.S. SEC to submit speeches by former Financial Secretary Bill Hinman on cryptocurrencies. Hinman’s 2018 presentation explained that Bitcoin and Ethereum are not securities, making the SEC’s statement inconsistent.