XRP’s value has risen by over 2.5% in the last 24 hours, surpassing $0.53, following new revelations that the long-awaited Hinman documents would be released on Tuesday. Ripple CEO Brad Garlinghouse indicated on June 12 in response to a question from popular YouTuber Jungle Inc that the documents are “worth waiting for,” signaling cautious optimism for the ongoing SEC and Ripple lawsuit. Both Garlinghouse and Ripple’s Chief Legal Counsel Stuart Alderoty maintain that the long-fought struggle for the release of these documents should be celebrated without excess. Ripple CEO Garlinghouse: Worth the Wait The much-debated Hinman documents, which the SEC wanted to keep secret, contain recordings of a speech made by William Hinman, a former SEC director, in 2018. In his speech, the former director mentioned that Bitcoin (BTC) and Ethereum (ETH) have the potential to transition into commodities, much more than securities, provided they achieve sufficient decentralization. As is […]
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