The Ripple vs SEC case is nearing its final ruling, generating heightened anticipation due to its potential to establish a precedent for the US crypto industry. A contentious issue in this lawsuit revolves around the Hinman Documents.
These documents pertain to a 2018 speech by former SEC director Bill Hinman, wherein he asserted that Ether (ETH) was not a security. They contain internal discussions and deliberations within the SEC regarding this speech. The significance lies in the fact that the SEC alleges Ripple’s XRP is a security.
The SEC sought to seal the Hinman Documents, but a recent court order mandates their unsealing by June 6. Consequently, there is a possibility that these documents may become accessible to the public.