Ripple v. SEC: New Facts Further Suggests William Hinman’s Links With Ethereum Before His “2018 ETH Free Pass Speech” - BitcoinEthereumNews.com
New fact shows that Hinmans affiliations with Ethereum went beyond being a managing partner of Simpson Thacher before his SEC appointment. Many Ripple investors still regard William Hinman, the former director of SEC‘s Division of Corporation Finance, as the major cause of XRP’s underperformance following his 2018 comments stating that Ethereum (ETH) was not a security. Hinmans speech paved the way for Ethereum to become the second-largest cryptocurrency by market capitalization, of which Ripple (XRP) was a major contender at the time. Ripple enthusiasts believe that Hinman made the Ethereum free pass speech because of his affiliation with Simpson Thacher & Barllett LLP, a member of Enterprise Ethereum Alliance (EEA). It is worth noting that the EEA is responsible for marketing the Ethereum blockchain as an enterprise solution, and as such Hinman was accused of possible conflicts of interest during his time at the SEC. More Facts Link Hinman to Ethereum What many Ripple investors did not realize is the fact that Hinmans affiliation with Ethereum goes beyond being a managing partner at Simpson Thacher. The SEC‘s former corporation finance director was the managing partner of Shearman & Sterling’s San Francisco and Menlo Park offices prior to joining Simpson Thacher in 2000. According to an EEA