Ripple's General Council indicated that this crypto tripartite payment platform received a series of documents from the U.S. Securities and Exchange Commission, in which it published the internal structure session of this platform in Ethereum.

At the end of last month, the District Judge Analise Torres instructed the SEC to release such documents, which the SEC once tried to avoid.

Such documents include the internal structure email of the SEC and the wonderful speech manuscript released by William Hinman, a former senior official of the SEC, in 2018. At that time, Hinman, in his true identity on the official website, indicated that BTC and Ether were not securities in his opinion.

Ripple said that this kind of document has a relatively high degree of relevance, which can reveal why the SEC seems to choose the big winners and losers in the encryption industry based on the announcement that some encryption assets are securities rather than other assets.

Now, he has seen the documents previously released to the public. Stuart Aldrotti, the general council of Ripple, said that it is worthwhile to drive the SEC to make unremitting efforts to produce such documents, and the long legal and regulatory struggle to obtain such documents is worthwhile.

"Through 18 months and 6 court orders, we finally got Hinman's documents (SEC internal structure e-mail and his infamous 2018 speech). Although such documents are still confidential (at the insistence of the SEC), I can say that it is worthwhile to win such documents.

I have always felt good about our own laws and regulations, and now I feel better. I have always felt bad about the thinking of the SEC, and now I feel even worse about him. "

The SEC filed a lawsuit against Ripple in December 2020, accusing Ripple of illegally selling XRP as unregistered securities for many years, and XRP is still a kind of securities.

This summer, Hinman testified in this case, saying that she told a senior official of Ripple that XRP was an unregistered network security product.

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