• The SEC’s ongoing lawsuit against Ripple has taken a new turn with the release of court documents linked to a controversial speech by former SEC director Hinman.
• These documents have sparked discussion about potential bias within the judge presiding over the case, as well as possible government overreach and misconduct.
• John Deaton, the lawyer representing XRP holders in the legal battle against SEC, believes that District Judge Analisa Torres will execute law without any bias or political influence.
Ripple vs SEC Saga Continues
The U.S. Securities and Exchange Commission (SEC) is currently embroiled in a legal battle with Ripple, which took a new twist when court documents linked to a controversial speech by former SEC director Hinman were recently released. This discovery has ignited conversations about potential biases within the judge overseeing the lawsuit and government overreach that could lead to misconduct.
Vitalik Buterin’s Involvement
These documents hint at Ethereum founder Vitalik Buterin’s involvement in crafting Hinman’s contentious speech, leading many to question whether this could impact Judge Analisa Torres‘ handling of the case given her Democratic background. However, according to John Deaton, lawyer for XRP holders in the legal battle against SEC, Judge Torres has „much less political than most federal judges“ and she will make her decision based on her interpretation of the law regardless of any external motivations behind Hinman’s speech or actions from the commission itself.
Possible Unlawful Conduct
The implications of these findings have raised questions about possible unlawful conduct if it is found that there was indeed foul play involved with regards to this case. It is yet unclear how much weight this will carry in court but many are hoping for justice either way as XRP token holders await their fate after being caught up in this drama between Ripple and its regulator adversary SEC.
John Deaton on Judge Torres‘ Background
John Deaton spoke out on Judge Torres‘ background stating „In history, there are examples of corrupt judges…Since she was appointed by Democrats it’s safe to assume certain considerations were taken into account before choosing her“. He further affirmed that while these cases exist, he believes that it likely isn’t applicable here due to her less politically influenced background compared with other federal judges.
Rumors of Misconduct In The Ripple Case – Fact or Fiction?
Regardless of any motivations from former SEC director Hinman and/or actions from the commission itself; Deaton remains confident that Judge Torres will execute what she interprets as law without being swayed by bias or political pressure from either side involved in this saga between Ripple and its regulator counterpart, SEC.