Ripple legal chief urges investigation into ex-SEC official over Ethereum speech controversy | Headlines | News | CoinMarketCap

08/08/2023 17:30
Ripple legal chief urges investigation into ex-SEC official over Ethereum speech controversy | Headlines | News | CoinMarketCap

Ripple (XRP) chief legal officer Stuart Alderoty suggested that former SEC Director William Hinman should be investigated for his infamous 2018 …

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Published on August 08, 2023 10:10 GMT+00:00edited on August 08, 2023 10:14 GMT+00:00

Ripple (XRP) chief legal officer Stuart Alderoty suggested that former SEC Director William Hinman should be investigated for his infamous 2018 speech that gave Ethereum (ETH) a free pass over other digital assets in the industry, according to an Aug. 7 tweet.

Alderoty, in response to statements made by former SEC official John Reed Stark concerning Hinman’s conduct with the financial regulator, emphasized the importance of an inquiry to clear the air on Hinman’s underlying intentions behind the now infamous speech. He said:

“This is broader than Ripple – there could potentially be serious conflicts of interest by a gov official.”

According to a screenshot shared by Alderoty, Stark urged law enforcement agencies to investigate if Hinman had acted unethically and unlawfully with his …

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