Ripple General Counsel: Has Obtained Hinman Doc, Considered Key Factor in SEC vs. Ripple Lawsuit

Ripple General Counsel Stuart Alderoty tweeted, "After 18 months and 6 court orders, we finally have the Hinman document, which is the US Securities and Exchange Commission (SEC) internal email and Hinman in 2018. Speech draft for 2019.” Hinman, former director of corporate finance at the US SEC, became a key factor in the SEC’s lawsuit against Ripple Labs. Foresight News previously reported that a U.S. magistrate judge asked the U.S. SEC to submit speeches about cryptocurrencies by Bill Hinman, former director of the SEC’s Department of Finance. Bill Hinman's 2018 speech explaining that Bitcoin and Ethereum are not securities makes the SEC's statement inconsistent.