Suncryptoacademy30 Jun, 2023Education
In a recent development regarding the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), a federal judge has ordered the SEC to produce documents related to its controversial speech about cryptocurrencies. This decision follows a request made by Ripple Labs to obtain evidence related to former SEC official William Hinman's 2018 speech, in which he stated that Bitcoin and Ethereum were not securities. The judge's order could potentially have significant implications for the SEC's case against Ripple Labs, which alleges that the company's XRP token is an unregistered security.
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