Log in

🎄 Cryptonary Christmas Sale! 50% OFF. Save $500 Now Only ⏰ : 1d 1h 3m 24s

News

Ripple sees ‘a very big win’ in the legal fight with the SEC

Updated: Jul 25, 2024
Published: Apr 13, 2022
0
Share:

The high profile legal battle between the Blockchain payment firm Ripple Labs, Inc. and the United States Securities and Exchange Commission (SEC) has taken a sharp turn after the presiding judge Sarah Netburn made a ruling that led to “a very big win for Ripple,” according to a Ripple Community lawyer.

Post Feature Image

Court denies the request by the SEC

The suit filed by the SEC against Ripple and its executives Brad Garlinghouse and Christian Larsen for allegedly selling “unregistered securities” in 2020, has been a constant subject of discussion in the crypto community. The recent progress includes the presiding judge denying the SEC’s request to consider shielding documents under privilege. The documents are related to the speech of Ripple’s former director Willian Hinman in 2018, who stated that Bitcoin and Ethereum are not securities.

The SEC previously did not object to those documents falling outside of the deliberative process privilege (DPP) protection since they appeared to be about Hinman's personal views rather than Ripple principles. However, it later shifted its stance, claiming that the speech reflected Ripple's policy and thus should be shielded.

Judge Netburn stated that the SEC should not misrepresent itself by contradicting its own statements. She writes:

“The SEC seeks to have it both ways, but the Speech was either intended to reflect agency policy or it was not. Having insisted that it reflected Hinman’s personal views, the SEC cannot now reject its own position.”
James K. Filan, a Ripple community lawyer, tweeted about the progress and summed up the important aspects of the Judge’s reaction to the reconsideration.

Is the case coming to an end?

Despite this potentially significant decision, the case is still underway, and the SEC now has two weeks to file an appeal. However, in November last year, Brad Garlinghouse, CEO of Ripple said that the SEC case will be closed this year. He repeated his statements in a recent document shared by attorney Jeremy Hogan, by saying that the company is experiencing real positive progress and is aiming to conclude the case by November 2022.

Continue reading by joining Cryptonary Pro

Save 50%

$997 $497/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

As a Cryptonary Pro subscriber, you also get:

  • 3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

3X Value Guarantee

If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.

Terms & Conditions apply

Star

Trusted by 300,000+ investors

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp

Frequently Asked Questions

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.

Recommended from Cryptonary
BTC, ETH and More: Key Levels Tested Again Across Majors
PRO
Market Updates
BTC, ETH and More: Key Levels Teste...Markets are moving fast, but direction remains elusive. Price has been active across majors, sweepin...
10 min read
Dec 19, 2025
Market Pulse: Bitcoin's Security Under Debate
Market Pulse
Market Pulse: Bitcoin's Security Un...Speculation around quantum computing threats to Bitcoin is ramping up, shaking confidence just as ri...
2 min read
Dec 19, 2025
AMA with Adam & Abror: 18th december
PRO
Livestreams
AMA with Adam & Abror: 18th decembe...In this conversation, Abror and Adam discuss the recent inflation data and its impact on the market,...
1 min read
Dec 19, 2025