Ripple CEO Brad Garlinghouse Says Hinman Docs Are “Worth The Wait”

June 13, 2023 8:07 am Comments

CEO of Ripple Brad Garlinghouse weighed in on the importance of the Hinman Documents.

Jungle Inc Crypto News recently asked CEO of Ripple Brad Garlinghouse “Any thoughts ahead of the “Hinman doc” release? We are all appreciative of Ripple fighting for this important public disclosure.”

Garlinghouse responded to questions and wrote “Wish I could go in depth now, but we’ve waited this long (18+ months), I don’t want to overstep… suffice it to say
Stuart Alderoty and I believe they were well worth the wait.”

Here’s Garlinghouse’s tweet:

Here’s what Bitcoinest reported:

In a new tweet, Ripple CEO Brad Garlinghouse claims that the highly anticipated “Hinman documents” were “well worth the wait,” hinting at their potential significance in the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC).

With the documents expected to be unsealed this week, here is a recap of what we’ve been waiting on and why it’s such an important moment in the crypto market.

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Named after William Hinman, the former Director of the Division of Corporation Finance at the SEC, the “Hinman documents” are speculated to provide insight into the SEC’s stance on cryptocurrency regulation. In 2018, Hinman made a groundbreaking statement, asserting that Bitcoin and Ethereum were not securities under US law due to their decentralized nature. However, the legal status of other cryptocurrencies, including Ripple’s XRP, has been less clear, leading to ongoing litigation.



Per U.Today:

Ripple CEO Brad Garlinghouse has suggested there are significant insights to be gleaned from the pending release of the so-called “Hinman documents.” Garlinghouse, while wary of disclosing too much, implied that the documents may contain pivotal information that could significantly influence Ripple’s future. The documents in question contain correspondence between William Hinman, former Director of Corporation Finance at the U.S. Securities and Exchange Commission (SEC), and other agency insiders.

Read more on U.Today

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