How Does The Arrest Of A Former SEC Director For Wrongdoing Affect The Ripple Case?

2 years ago
4

Details of emails received through a freedom of information request related to the ongoing SEC vs. Ripple cases have been revealed by a whistleblower organization. They argue that there is evidence that former SEC Director William Hinman had a conflict of interest while starting legal action against Ripple. This begs the question of whether the crypto-"not currency's a security" designation is in peril. What does the SEC's purposeful disregard for Hinman's actions say about the SEC's institutional culture?

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