• Judge Analisa Torres recently ruled that William Hinman’s emails and drafts must be made public on June 13.
• Ripple CTO David Schwartz shared his opinion that the company lacks the authority to agree to keep these documents confidential.
• Pro-XRP lawyer John Deaton agreed with Schwartz’s viewpoint while Mr. Huber expressed doubt regarding Coinbase’s willingness to associate itself with anything related to Hinman’s correspondence.
Judge Torres Ruling Sparks Speculation
The legal battle between Ripple and the US Securities and Exchange Commission (SEC) has captivated the attention of crypto enthusiasts and investors, especially after Judge Analisa Torres‘ recent ruling on the disclosure of William Hinman’s emails and drafts. On May 16, Judge Torres rejected the SEC’s request to keep these documents sealed, thus confirming that they will be made public on June 13th.
Ripple CTO Challenges Potential Settlement
Ripple’s Chief Technology Officer, David Schwartz, has challenged the notion that Ripple can agree not to make Hinman’s emails public through a potential settlement with the SEC. In response to Mr. Huber’s comments on John Deaton’s statement suggesting that Coinbase could request access to these documents if Ripple agrees not to make them public, Schwartz argued that Judge Torres‘ decision takes precedence over any potential settlement between both parties.
Deaton Agrees With Schwartz
Pro-XRP lawyer John Deaton agreed with Schwartz’s viewpoint concerning Ripple’s lack of authority in deciding whether or not these documents should remain confidential despite a possible settlement. He emphasized that since Judge Torres declared them as judicial documents, their release is mandatory regardless of any agreement reached between Ripple and the SEC.
Mr. Huber Doubts Coinbase Involvement
In contrast with Deaton and Schwartz, Mr. Huber expressed doubt regarding Coinbase’s willingness to associate itself with anything related to Hinman’s correspondence due its involvement in this entire mess. Despite his doubts about Coinbase getting involved in this matter, he acknowledged Deaton’s suggestion that they could theoretically ask for access as long as Ripple agrees not release them publicly.
Legal Experts Debate Consequences of Ruling
The debate initiated by David Schwartz concerning whether or not Ripple can agree upon keeping Hinman’s emails private through a settlement has sparked speculation within the XRP community about what consequences could arise from Judge Torres‘ ruling on June 13th when these documents are released publicly despite any agreement reached between both parties beforehand.