Magistrate Judge Sarah Netburn has scheduled a new conference between the US Securities and Exchange Commission (SEC) and Ripple lawyers to discuss the SEC's claims of attorney-client privilege regarding the 2018 Hinman speech documents.

https://twitter.com/FilanLaw/status/1531745372904759298

According to a letter from Judge Sarah Netburn, SEC and Ripple Lab legal teams are to attend in person. The conference is scheduled to take place on June 7 to discuss the SEC’s renewed assertion of the attorney-client privilege as to internal documents related to Hinman’s June 14, 2018 speech.

<a href="https://www.fxempire.com/forecasts/article/sec-files-a-letter-motion-to-shield-hinman-speech-related-documents-985667" target="_blank" rel="nofollow noopener">SEC</a> previously submitted a new motion to keep the Hinman emails under wraps by citing attorney-client privilege in late April.

The regulatory agency argues that the privilege applies because these documents reflect confidential communications between Hinman and SEC attorneys about his infamous 2018 speech, in which the former declared that the Ether token was not a security.

The agency asserts that Hinman was a client of SEC attorneys who gave him legal advice regarding the legal status of digital assets to ensure that his speech was consistent with federal securities laws. Since the primary purpose of sharing the drafts of the speech was to obtain legal advice, they have to remain confidential, per the regulatory agency.

In January, the judge ruled that the SEC has to hand over Hinman's emails. In April, the judge <a href="https://www.cryptoknowmics.com/news/hinmans-speech-not-reflective-of-sec-court-declares-on-sec-vs-ripple-case/" target="_blank" rel="noopener">denied</a> the regulator's motion for reconsideration of the deliberate process privilege (DPP) ruling. The judge claimed that the personal views of the agency's staff members were not protected by the DPP.

SEC vs Ripple: Court Sets Conference Date Over Hinman Speech Memos

US Court has scheduled a new conference between SEC and Ripple lawyers to discuss the SEC's claims of attorney-client privilege of 2018 Hinman speech.

Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.

SEC vs Ripple: Court Sets Conference Date Over Hinman Speech Memos

Top Picks