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John Deaton Demands SEC to Publicize the Hinman Report

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by Giorgi Kostiuk

3 months ago


In a recent video, John Deaton, a prominent advocate for XRP, called upon SEC Chairman Gary Gensler to release the Hinman report, granting the commission a 10-day window to respond.

John Deaton's Demands

John Deaton has urged the SEC to disclose the Hinman report, referencing comments by former SEC official William Hinman during his 2018 speech where Hinman mentioned that Ethereum was not a security. Deaton believes this report could aid both parties in the ongoing legal battle.

Role of the Hinman Report

The Hinman report is seen as potential evidence impacting the Ripple vs SEC case. 'Empower Oversight,' an independent watchdog group, has called for an investigation into possible conflicts of interest from Hinman's speech. Although the findings were submitted to Gensler, they have not yet been disclosed to the public, which surprises Deaton.

Gensler's Response and Public Pressure

Deaton insists that the commission should release the investigation results to the public. He highlighted the report's significance in understanding the SEC's actions and called on others to engage with the SEC to increase pressure. According to Deaton, public pressure could compel government compliance.

John Deaton continues to urge the SEC to fully disclose information, relying on public pressure to achieve his objectives in the Ripple vs SEC case.

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