Hinman Papers' Release Sparks XRP Price Surge and SEC Speculation.

Ripple has fought to get the "Hinman docs" into the court record, which supposedly show the SEC is unfairly targeting the company. The documents reveal that the SEC has never really been clear on whether and how to regulate cryptocurrencies that were created after Bitcoin. Ripple is arguing that XRP is not a security, and the company does not view Hinman’s thinking as particularly helpful. Instead of arguing on similar grounds that XRP has “decentralized” over time, Ripple is trying to argue that Hinman’s theory was not grounded in a proper understanding of securities law.