The problem with the SEC case (as I understand it) is that they could have argued that XRP was a security back when it was premined... but they didn't... the scope of the lawsuit didn't include a timeline which means the SEC is alleging that any XRP bought today is a security... when it has all the characteristics of a currency now. This is why so many exchanges dropped it... but it's also why the SEC absolutely can't win this case.
So, I assume you know this... but a lawyer named John Deaton launched a lawsuit against the SEC on behalf of a number of XRP holders (details on his website CryptoLaw US) and he and his allies have been digging up so much dirt on the SEC, Hinman as you've mentioned and Jay Clayton. Definitely follow John on Twitter if you don't already, he truly has been at it relentlessly.
I truly hope there is a day (if there hasn't been already) where the SEC offers to drop the case with a settlement and Ripple says no. Ripple is after clarity.
Thanks for the link, got up to speed and it looks like a dumpster fire of stupidity and corruption. Par for the course for government! These tools underestimated fighting crypto communities!
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