By Elise Hansen (Might 16, 2022, 9:35 PM EDT) — The U.S. Securities and Change Fee cannot use attorney-client privilege to protect early drafts of former official Invoice Hinman’s speech about cryptocurrencies, since Hinman gave the speech in his private capability, Ripple Labs instructed a New York federal court docket.
Lawyer-client privilege does not cowl communications about Hinman’s private remarks, and Hinman cannot be thought of a “consumer” of the SEC’s attorneys for actions exterior his official duties, Ripple and its executives argued Friday.
The letter was the newest shot within the discovery battle between the SEC and Ripple after the company accused the blockchain-based funds firm and its executives of violating federal securities…
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