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ST Explains: What payments firm Ripple has to do with US SEC’s crypto lawsuits
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The SEC accuses Ripple of illegally selling a crypto currency without first registering it with the regulator.
PHOTO: REUTERS
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SINGAPORE - The legal battle between blockchain payments firm Ripple and the United States Securities and Exchange Commission (SEC) has returned to the limelight following the release of the Hinman documents, which the firm says would help its case.
After more than two years and seven court orders, Ripple on Tuesday night said it managed to have the court unseal the Hinman documents that are centred on former SEC director William Hinman and his position on what a token is.
