With the release of the controversial documents just one day away, the cryptocurrency industry continues to follow the people close to the legal battle that the United States Securities and Exchange Commission (SEC) is waging against blockchain company Ripple for any insights into the case.
In this context, legal expert and amicus curiae for Ripple, John E. Deaton, commented on the possible effect of the emails’ public release on this case, as well as other lawsuits that the regulator has initiated against cryptocurrency businesses in the meantime, according to the tweet he posted on June 11.
What Hinman release means
As he explained, the documents referring to a speech that former SEC Division Director William Hinman delivered at a summit in 2018, where he said that Ethereum (ETH) and Bitcoin (BTC) were not securities, could have an even more significant effect on the public and relevant policymakers:
“The emails won’t…
