Hinman Emails Reveal 2018 Speech on Ether Drew Input From Multiple SEC Officials
A U.S. Securities and Exchange Commission official wanted to say that the agency did “not … see a need to regulate Ether” as it was offered in 2018, read an email released Tuesday.
A number of emails tied to the one-time Director of Corporation Finance William Hinman’s 2018 speech saying Ether did not look like a security were published Tuesday by Ripple in its ongoing defense against an SEC lawsuit alleging the company illegally sold XRP tokens as an unregistered security for over seven years. The emails were published alongside an updated motion for summary judgment.
XRP’s price spiked after the emails were initially released.
The emails show SEC officials deliberating (https://storage.courtlistener.com/recap/gov.uscourts.nysd.551082/gov.uscourts.nysd.551082.831.70.pdf) about how clear the speech actually was in expressing a view that ether (ETH) was not a security.
Source: Coindesk
(https://www.coindesk.com/policy/2023/06/13/hinman-emails-reveal-2018-speech-on-ether-drew-input-from-multiple-sec-officials/)
[Hinman Emails Reveal 2018 Speech on Ether Drew Input From Multiple SEC Officials
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