In an ongoing defense against an SEC lawsuit, Ripple has released emails tied to former SEC Director William Hinman’s 2018 speech regarding Ether (ETH). The emails show SEC officials deliberating over the clarity of the speech, questioning whether ETH should be considered a security. Discussions among SEC officials highlight the need for stronger language to affirm ETH’s non-security status. The emails also mention the importance of leaving room for discussion and reference the landmark SEC v. W. J. Howey Co. case. Stay tuned for further developments in this intriguing legal battle.
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