XRP, the seventh-largest Cryptocurrency by market capitalization, has increased by 9 percent in the last 24 hours to $1.19. Ripple filed a letter to US Magistrate Judge Netburn on Thursday, accusing the SEC of negligence in handling the case. A 2018 speech by Bill Hinman, former director of the SEC's Corporate Finance, is at the heart of this new debate. This week, Ripple played another strong hand against the SEC.