60 More Days? Jeremy Hogan Clears Up Confusion Regarding Hinman Emails
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October 14, 2022 2:15 pm
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Attorney Jeremy Hogan took to Twitter to clear up confusion regarding the current status of the Ripple v. SEC case.
In a series of tweets, Hogan explained that on September 29th Judge Torres overruled the SEC’s objections to handing over the Hinman emails but the court did not say when they must be turned over.
Hogan would then go on to explain that the court will be lenient on the deadline due to the fact once the emails are handed over they can’t be undone.
He would then says it could take up to 60 days before the emails are handed over.
Here’s the entire thread down below:
…the deadline becomes when an appeal of the judge's ruling is due. The court is lenient like this because once the documents are handed over, it can't be "undone."
So, that deadline is, basically, 60 days – maybe longer if they move for reconsideration which I doubt they'd do.
— Jeremy Hogan (@attorneyjeremy1) October 14, 2022
BUT, keep in mind, what is in those emails is NOT relevant to the Sec 5 violation (whether XRP is a security). It's probably only really relevant to the Fair Notice Defense.
Also, remember that only the SEC moved for summary judgment on the Fair Notice Defense, Ripple did not.
— Jeremy Hogan (@attorneyjeremy1) October 14, 2022
NO MATTER WHAT happens on the Hinman email issue, no matter the delay, the main issue will move forward to judgment.
If Ripple wins on the Sec 5 violation, the FND becomes moot. IF Ripple loses on Sec 5, it can still move for summary judgment on the Fair Notice Defense. pic.twitter.com/nNrtA0SOip
— Jeremy Hogan (@attorneyjeremy1) October 14, 2022
U.Today had more on the story:
On Sept. 29, the XRP community was enthused after District Judge Torres overruled the SEC’s objections and ordered it to turn over the Hinman documents wherein he stated Ethereum was not a security in a 2018 lecture. Jeremy Hogan highlights a key fact: the judge ordered the SEC to turn over the emails but did not specifically state when. He claims that the deadline for the release will come when an appeal of the judge’s ruling is due. \
He says that in essence, this will take about 60 days, or possibly more if the SEC seeks to have the decision reconsidered, which remains unlikely.
Here Are Next Key Dates in Ripple-SEC Lawsuit If the SEC were to file a motion for reconsideration of Judge Torres’s ruling on the SEC objections regarding the Hinman documents, this was expected to be due yesterday, Oct. 13, per updates provided by James K. Filan. Hogan believes that the Hinman emails may take a longer time to resolve if the SEC appeals the ruling.
Jeremy Hogan points to a key challenge concerning release of Hinman emails #XRPCommunity #SECGov #Ripple #Jeremyhogan #XRP #XRPHolders #XRPArmy #xrpthestandard https://t.co/FYQM5wnDOu
— U.Today (@Utoday_en) October 14, 2022
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