Ripple Makes New Move In XRP Lawsuit

It’s been revealed that the battle between the US SEC and Ripple continues. Check out the latest reports presented below.

According to the latest reports, the crypto attorney James K. Filan, who has been chronicling the SEC versus Ripple case since December 2020, shares with his 106,700 Twitter followers a copy of an SEC request to block drafts of a speech given by the agency’s former Director, William Hinman, from being made public.

As noted by the online publication the Daily Hodl, in a letter to US District Judge Analisa Torres written on behalf of the SEC, attorney Ladan F. Stewart requests permission to file a pair of briefs objecting to the recent decision by Judge Sarah Netburn compelling the SEC to turn over a draft of Hinman’s 2018 speech.

In 2018, Hinman delivered a speech stating that the leading smart contract platform Ethereum (ETH) was not a security.

“The SEC has requested permission to file a 30-page opening brief and a 10-page reply brief in support of the SEC’s Objections to Magistrate Judge Netburn’s ruling ordering the SEC to disclose the Hinman speech documents.”

He also said that “Ripple objects.”

Ripple survey that reveals what experts think about the potential for one crypto niche to see widespread mainstream adoption.

According to the latest reports coming from the online publication the Daily Hodl, in the fall of 2021, Ripple asked over 1,600 business participants across 22 countries to discuss what they thought of central bank digital currencies (CBDCs).

Also, people who were surveyed were divided into two equal groups, one representing financial institutions and the other group representing non-financial businesses making cross-border payments.

The report reveals that the “vast majority” of the respondents polled believe widespread CBDC adoption is in sight.

“With 85% saying they believe CBDCs will be adopted in their country within the next four years.”