• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

SEC Conflict of Interest: The Hinman Case and Its Importance for the Crypto Industry

user avatar

by Giorgi Kostiuk

2 years ago

John Deaton demands the SEC release a report that could uncover a conflict of interest involving William Hinman's ties to Ethereum.

The Core of the Hinman Controversy

In 2018, William Hinman stated that Ethereum should not be classified as a security, allowing it to bypass strict oversight. However, his financial ties with Johnson Thacher, a member of the Enterprise Ethereum Alliance, soon emerged, raising suspicions of a conflict of interest.

Empower Oversight's Initiative

Empower Oversight has been investigating Hinman's actions, suggesting his financial ties may have influenced his Ethereum stance. Their inquiry led to a report by the SEC's Office of Inspector General, which remains unpublished.

This is a respectful request for the issue. The public deserves transparency.John Deaton

Deaton’s Ultimatum to the SEC

Representing 75,000 XRP holders, John Deaton has demanded the SEC release the report within ten days. He emphasized its importance for the Ripple case and for the broader crypto community.

The demand for transparency from the SEC remains critical to all crypto industry stakeholders, especially amid changes in the agency's leadership.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Kraken Enhances Options Trading Infrastructure for Better Risk Management

chest

Kraken is enhancing its options trading capabilities to provide better risk management tools for crypto traders.

user avatarArif Mukhtar

Kraken Institutional Enhances Services with Upshot Partnership

chest

Kraken Institutional has partnered with Upshot to enhance services by integrating valuation tools for illiquid digital assets, including NFTs, addressing challenges in asset valuation.

user avatarMaria Gutierrez

AMD Reports Record Revenue and Earnings in Q1 2026

chest

AMD reported record revenue of $1.025 billion and an EPS of $1.37 in Q1 2026, with significant growth in data center and gaming sectors.

user avatarDavid Robinson

Demand for Semiconductor Products Remains Strong Despite Market Volatility

chest

Despite recent downturn, demand for semiconductor products, especially in AI infrastructure, continues to surge.

user avatarAndrew Smith

Troweprice Report Emphasizes Strict Editorial Standards

chest

A recent report from Troweprice highlights the company's strict editorial policy that prioritizes accuracy, relevance, and impartiality in its reporting.

user avatarJacob Williams

New Report Published Utilizing SEC Data.

chest

The report is based on information sourced from the SEC, aiming to provide accurate financial information and increase transparency in financial reporting.

user avatarZainab Kamara

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.