{"id":533562,"date":"2023-05-17T18:30:49","date_gmt":"2023-05-17T18:30:49","guid":{"rendered":"https:\/\/uniquehot.com\/?p=533562"},"modified":"2023-05-17T14:14:16","modified_gmt":"2023-05-17T14:14:16","slug":"ripple-xrp-legal-defender-lauds-judge-torres-ruling-as-a-victory-for-the-people","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple\/ripple-xrp-legal-defender-lauds-judge-torres-ruling-as-a-victory-for-the-people\/","title":{"rendered":"Ripple (XRP) Legal Defender Lauds Judge Torres&#8217; Ruling As A Victory For The People"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The legal battle between the United States Securities and Exchange Commission (SEC) and Ripple Labs rages on as the community awaits the summary judgment.<\/span><\/p>\n<p><span style=\"font-weight: 400\">While the wait continues, a recent ruling led Pro-XRP Attorney Jeremy Hogan to applaud Judge Analisa Torres as &#8216;The People&#8217;s Judge&#8217;.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Judge Torres ruled on public access to the Hinman Speech document in the lawsuit between the SEC and Ripple. <\/span><span style=\"font-weight: 400\">After the ruling, the Pro-XRP lawyer Jeremy Hogan <\/span><a href=\"https:\/\/twitter.com\/attorneyjeremy1\/status\/32480003?\" rel=\"nofollow\"><span style=\"font-weight: 400\">took<\/span><\/a><span style=\"font-weight: 400\"> to Twitter to praise her.\u00a0<\/span><\/p>\n<h2>Ripple Attorney Hogan Applauds Judge Torres<\/h2>\n<p><span style=\"font-weight: 400\">Judge Torres <\/span><a href=\"https:\/\/www.dropbox.com\/s\/xdx73gwan6ybtlq\/Order%20Denying%20Motion%20to%20Seal%20Hinman%20Documents.pdf?dl=0\" rel=\"nofollow\"><span style=\"font-weight: 400\">denied<\/span><\/a><span style=\"font-weight: 400\"> the SEC\u2019s motion to seal Hinman&#8217;s Speech documents. The judge noted that they are vital judicial documents portraying a strong presumption of public access.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In her ruling, Judge Torres stated, &#8220;The Hinman Speech Documents would reasonably tend to influence ruling on a motion.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400\">Through an attachment in his tweet, Attorney Hogan noted that the Hinman Speech document could impact the court&#8217;s final ruling in the lawsuit.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Hogan thinks that Judge Torres&#8217; ruling aligns with the interest of the XRP holders, Ripple Labs, and the entire crypto space. Also, the move could impact the US crypto regulatory clarity.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/bitcoin-news\/does-the-bitcoin-price-dump-signal-the-start-of-another-bear-market\/?swcfpc=1\">Does The Bitcoin Price Dump Signal The Start Of Another Bear Market?<\/a><\/div>\n<p><span style=\"font-weight: 400\">Before now, the XRP community called for more clarity and access to details about the SEC\u2019s accusation against Ripple. <\/span><span style=\"font-weight: 400\">Notably, the 2018 controversial speech by the former SEC\u2019s director Hinman has been a significant factor in the SEC vs. Ripple lawsuit.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">In a speech in 2018, Hinman stated that Bitcoin and Ethereum are not securities. However, he did not comment on XRP though the token was the third-largest crypto asset during the period.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As such, the Silicon Valley-based blockchain firm Ripple has requested the Hinman Speech document in court, but the SEC denied it. <\/span><span style=\"font-weight: 400\">Ripple wanted to discover the opinion attached to XRP regarding Hinman\u2019s controversial speech.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Though the Commission surrendered the document, it still filed a motion to keep the documents sealed. But the recent ruling will unseal the document as Torres has now approved public access.\u00a0<\/span><\/p>\n<h2>XRP Price Action<\/h2>\n<p><span style=\"font-weight: 400\">The excitement is increasing with the XRP community following the recent SEC vs. Ripple case ruling. <\/span><span style=\"font-weight: 400\">This achievement has shown a notable influence on the price action of XRP within the past 24 hours.<\/span><\/p>\n<p>Related Reading: <a href=\"https:\/\/uniquehot.com\/bitcoin-news\/bitcoin-reclaims-27000-here-are-the-factors-driving-the-recovery\/?swcfpc=1\">Bitcoin Reclaims $27,000, Here Are The Factors Driving The Recovery<\/a><\/p>\n<figure id=\"attachment_533565\" aria-describedby=\"caption-attachment-533565\" style=\"width: 860px\" class=\"wp-caption alignnone\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-533565 size-large\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/05\/XRPUSDT_2023-05-17_17-52-03.png?resize=860%2C470\" alt=\"Ripple (XRP) Legal Defender Lauds Judge Torres&#039; Ruling As a Victory For The People\" width=\"860\" height=\"470\"><figcaption id=\"caption-attachment-533565\" class=\"wp-caption-text\">XRP soars on the chart l <a href=\"https:\/\/www.tradingview.com\/x\/Nhcgfkza\/\" rel=\"nofollow\">XRPUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">At the time of writing, XRP is trading at $0.4457, showing a surge of 0.72% over the past 24 hours. <\/span><span style=\"font-weight: 400\">According to <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/xrp\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">CoinMarketCap<\/span><\/a><span style=\"font-weight: 400\">, the XRP market cap currently sits at $23.10 billion as the token ranks the 6th top crypto asset.\u00a0<\/span><\/p>\n<p>Featured image from Pixabay and chart from Tradingview.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The legal battle between the United States Securities and Exchange Commission (SEC) and Ripple Labs rages on as the community awaits the summary judgment. While the wait continues, a recent ruling led Pro-XRP Attorney Jeremy Hogan to applaud Judge Analisa Torres as &#8216;The People&#8217;s Judge&#8217;.\u00a0 Judge Torres ruled on public access to the Hinman Speech document in the lawsuit between the SEC and Ripple. After the ruling, the Pro-XRP lawyer Jeremy Hogan took to Twitter to praise her.\u00a0 Ripple Attorney Hogan Applauds Judge Torres Judge Torres denied the SEC\u2019s motion to seal Hinman&#8217;s Speech documents. The judge noted that they are vital judicial documents portraying a strong presumption of public access. In her ruling, Judge Torres stated, &#8220;The Hinman Speech Documents would reasonably tend to influence ruling on a motion.&#8221; Through an attachment in his tweet, Attorney Hogan noted that the Hinman Speech document could impact the court&#8217;s final ruling in the lawsuit.\u00a0 Hogan thinks that Judge Torres&#8217; ruling aligns with the interest of the XRP holders, Ripple Labs, and the entire crypto space. Also, the move could impact the US crypto regulatory clarity. Related Reading: Does The Bitcoin Price Dump Signal The Start Of Another Bear Market? Before now, the XRP community called for more clarity and access to details about the SEC\u2019s accusation against Ripple. Notably, the 2018 controversial speech by the former SEC\u2019s director Hinman has been a significant factor in the SEC vs. Ripple lawsuit.\u00a0 In a speech in 2018, Hinman stated that Bitcoin and Ethereum are not securities. However, he did not comment on XRP though the token was the third-largest crypto asset during the period. As such, the Silicon Valley-based blockchain firm Ripple has requested the Hinman Speech document in court, but the SEC denied it. Ripple wanted to discover the opinion attached to XRP regarding Hinman\u2019s controversial speech. Though the Commission surrendered the document, it still filed a motion to keep the documents sealed. But the recent ruling will unseal the document as Torres has now approved public access.\u00a0 XRP Price Action The excitement is increasing with the XRP community following the recent SEC vs. Ripple case ruling. This achievement has shown a notable influence on the price action of XRP within the past 24 hours. Related Reading: Bitcoin Reclaims $27,000, Here Are The Factors Driving The Recovery At the time of writing, XRP is trading at $0.4457, showing a surge of 0.72% over the past 24 hours. According to CoinMarketCap, the XRP market cap currently sits at $23.10 billion as the token ranks the 6th top crypto asset.\u00a0 Featured image from Pixabay and chart from Tradingview.com<\/p>\n","protected":false},"author":584,"featured_media":528529,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[6664,3680,3799,3810,78763],"class_list":["post-533562","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-crypto","tag-ripple","tag-sec","tag-security","tag-xrpusdt"],"acf":[],"yoast_head":"\n<title>Ripple (XRP) Legal Defender Lauds Judge Torres&#039; Ruling As A Victory For The People<\/title>\n<meta name=\"description\" content=\"The legal battle between the United States Securities and Exchange Commission (SEC) and Ripple Labs rages on as the community awaits the summary judgment.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/ripple\/ripple-xrp-legal-defender-lauds-judge-torres-ruling-as-a-victory-for-the-people\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ripple (XRP) Legal Defender Lauds Judge Torres&#039; 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