Categories: Ripple News

A Major Blow to SEC in its Lawsuit Against Ripple as the Court Denies Agency’s Attorney-Client Motion

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Major development in SEC-RIPPLE lawsuit as the court denies agency’s attorney client motion. The US Securities and Exchange Commission is pushed further to the corner as the court has denied the agency another motion relating to William Hinman’s 2018 speech. US District Court ruled that there is no need to examine whether an attorney-client relationship existed between William Hinman and the SEC lawyer as the court noted there is predominant evidence that the primary reason behind Hinman and SEC lawyer’s communication was not to obtain legal advice. As reported yesterday, in the same ruling Magistrate Judge Sarah Netburn has accused

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