While the Hinmann documents mentioned in the Ripple case were shared, the issue of Ethereum’s securities in the document attracted attention.
A user named Mr.Huber on Twitter made statements about the Hinmann documents used in the Ripple case. According to the share of the Twitter user, it is stated in the Hinmann document that it is not possible to reflect Ethereum as a security.
They pointed out to Hinman that what he says about Ethereum contradicts the rest of his speech arguing more for Ethereum being actually a security.
"We still, have reservations about including a statement directly about Ether in the speech. Even with the caveats in the… pic.twitter.com/95FjbHSKC3— Mr. Huber🔥🦅🔥 (@Leerzeit) June 13, 2023
Ripple (XRP) Triggers Price
After the details of the Hinmann documents were presented, serious volatility was observed in the price of Ripple (XRP). Instantly rising from $ 0.51 to $ 0.56, XRP created a spring mood in the Ripple ecosystem. XRP, which instantly increased by 6 percent, slackened to $ 0.557 after testing $ 0.56.
