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06.01 - 14:37
Hinman’s possible violation of Code of Federal Regulations, how it affects Ripple v SEC
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ambcrypto.comSEC vs Ripple might resume only next year, but that doesn’t mean the XRP community has broken up for the holidays. Many are still trying to reach Congress representatives or are studying up to better understand the implications of the ongoing lawsuit.
In the middle of it all, however, crypto lawyer John Deaton – who is representing the viewpoint of thousands of XRP holders – made a startling announcement.
The discovery concerns the 2018 speech by William Hinman, the former Director of the Division of Corporation Finance, where he discussed whether Bitcoin and Ether were securities transactions.
Deaton cited § 2635.702 under the Code of Federal Regulations [CFR], which covers the “use of public office for private gain.” He said,
“…I think Bill
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