EmpowerOversight asks the US SEC to provide information on former officers involved in Ripple's trial.
As of December 11, many in the crypto community believe there is a conflict of interest between the government and crypto assets. This has been a hot topic in the SEC and Ripple Labs lawsuits. In particular, members of the XRP community claim that significant costs in the SEC are affecting the Ethereum ecosystem. A lawsuit filed by Empower Oversight Whistleblowers & Research now requires the US SEC to comply with the Legal Information Act (FOIA) to answer these specific questions. The report mainly mentions William Hinman, director of the US financial institution SEC. Hinman was previously a partner of Simpson Thacher & Bartlett LLP. According to media reports, "Hinman continued to receive millions of dollars from Simpson Thacher during his tenure with the US SEC. Simpson Thacher is a member of the Enterprise Ethereum Alliance, a collaboration designed to facilitate the use of the Ethereum's Business Association. (AMBCrypto)
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