Tech policy expert Roslyn Layton has filed a motion to intervene in the SEC vs. Ripple lawsuit, requesting access to Hinman's speech documents. Foresight News previously reported that the SEC's previous lawsuit against Ripple focused on the belief that XRP was an unregistered security, but Bill Hinman, the former director of the SEC's Department of Finance, explained in a speech in 2018 that Bitcoin and Ethereum are not securities, which makes the SEC's The statement is inconsistent; at the end of last year, the US SEC filed a motion on the Ripple lawsuit, requesting the sealing of relevant documents including the Hinman document.