• 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

a year 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 Their inquiry led to a report by the SEC's Office of Inspector General, which remains unpublished.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

Tom Lee Predicts Ethereum's Market Bottom at Hong Kong Conference

chest

Tom Lee presented his analysis at the 3rd Futu Expo 2026 in Hong Kong, suggesting that Ethereum may have reached a cyclical bottom, drawing parallels with historical market declines.

user avatarNguyen Van Long

Galaxy Digital Highlights Bitcoin's Quantum Threat and Mitigation Efforts

chest

A report from Galaxy Digital highlights the risks quantum computing poses to Bitcoin wallets and the measures being taken to mitigate these threats.

user avatarSatoshi Nakamura

DDC Enterprise Limited's Bitcoin Holdings Surpass Market Value

chest

DDC Enterprise Limited's Bitcoin holdings are valued at over twice the company's stock market capitalization, with 2,383 BTC worth approximately $165 million compared to a stock market cap of $66 million.

user avatarJesper Sørensen

Nvidia CEO Jensen Huang Boosts Bittensor's TAO Token with Podcast Mention

chest

Nvidia CEO Jensen Huang mentioned the Bittensor project on the AllIn podcast, causing the TAO token price to rise significantly.

user avatarRajesh Kumar

Pepe Cryptocurrency Experiences Surge in Whale Transactions

chest

Pepe cryptocurrency has seen a 61% increase in Whale Transaction Count, indicating heightened interest from large investors.

user avatarLucas Weissmann

Amundi Introduces Tokenized Overnight Swap Fund SAFO

chest

Amundi, Europe's largest asset manager, has launched the Spiko Amundi Overnight Swap Fund SAFO, a tokenized fund on Ethereum and Stellar with approximately 100 million in committed assets.

user avatarFilippo Romano

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.