SEC's Crypto Conflict Details Surface, Exposing Bias Against Ripple
SEC’s Crypto Conflicts Exposed, Ethereum Favoured After a two-year ordeal involving FOIA requests, court cases, and new document disclosures, the SEC has at last provided new information in answer to Empower Oversight’s relentless questions. The new materials underscore the pivotal role played by Joseph Lubin and his company, Consensys, in influencing former SEC Director of Corporation Finance William Hinman’s perspectives and objectives behind his contentious June 14, 2018 cryptocurrency speech. Lubin, a prominent advocate of Ether (ETH), was instrumental in connecting Hinman with Ethereum creator Vitalik Buterin during the drafting of the speech. advertisement Notably, individuals closely associated with Ethereum were prominently featured in a March 28, 2018 meeting discussing a crypto safe harbor proposal, suggesting a degree of involvement beyond what was previously known. The shocking evidence, of Lubin’s important contribution to Hinm...