XRP Lawyer Accuses SEC of Bias in Favor of Ethereum
Crypto lawyer Bill Morgan accuses SEC and former official William Hinman of favoring Ethereum over XRP.
Bill Morgan’s allegations coincide with increased concern over William Hinman’s behavior during his SEC tenure. The Conservative Political Action Conference (CPAC) has filed complaints with allegations of conflict of interests and unethical conduct.
CPAC’s Andrew Langer calls for an investigation into Hinman’s actions, pointing out his ties to a law firm with links to Ethereum.
They have accused him of lack of bias, and the speech that he gave to ease regulatory pressure on Ethereum in 2018 has raised questions about his impartiality.
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Hinman’s ensuing career moves additionally see the SEC’s regulatory credibility start to crumble.
The accusations underscore more general concerns about regulatory favoritism and the need for transparency in the cryptocurrency industry.
The results of investigations into Hinman’s practices could have important implications for future regulatory decisions.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
