Judge Sarah Netburn takes over remaining questions in the legal dispute between Ripple and the Sec

Judge Sarah Netburn takes over remaining questions in the legal dispute between Ripple and the Sec
The remaining questions in the legal dispute between Ripple and the US stock exchange supervision (SEC) were forwarded to the magistrate judge Sarah Netburn. Judge Netburn had previously ordered the so-called 'Hinman documents'. Now it will take care of the preliminary processes, including scheduling, disclosure, pre -process applications and possibly a comparison.
The transfer of the case to the magistrate's office marks the next phase of the lengthy legal dispute between Ripple and the Sec. Last week, a US district court decided that the XRP token is "not on and in itself" a security for regulatory purposes. This could clarify the key question of the case. This judgment led to a strong rally for XRP, in which the course rose by more than 70% within a day.
An interesting turn in the current news is that judge Netburn, who is now dealing with the remaining questions of the Ripple case, is the same judge who ordered the Hinman documents released in June. Furthermore, judge Netburn has also challenged the SEC in other matters and accused the supervisory authority "hypocrisy".
The Hinman documents are a collection of emails and speech by William Hinman, a former director of the Department for Corporate Financing of the SEC. In this case, these documents are considered positive for the defense of Ripple. Although the publication of the documents may not have the full effect, the Ripple community in the crypto community still hopes for part of the success in the latest court ruling.
It remains to be seen what the further course of the legal dispute between Ripple and the Sec will look like. The decision of the US district court regarding the XRP token certainly had a positive effect on the course and the trust of investors. However, it remains to be seen how the SEC will react to it and whether there is a possible agreement or other judicial disputes. In any case, judge Sarah Netburn will play a crucial role, since she will both have the release of the Hinman documents.