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coinpedia 2025-01-10 03:44:13

Pro-XRP Lawyer Deaton Calls on Gensler to Make SEC’s Hinman Report Public Within 10 Days

The post Pro-XRP Lawyer Deaton Calls on Gensler to Make SEC’s Hinman Report Public Within 10 Days appeared first on Coinpedia Fintech News In a recent live video, John Deaton, the founder and host of Crypto Law, called for the SEC to release the highly anticipated report on the controversial 2018 speech by former SEC official William Hinman. The speech, which gave Ethereum a regulatory pass, has raised serious concerns about potential conflicts of interest within the SEC. What’s the Issue? Empower Oversight, an independent watchdog group, had asked the Office of the Inspector General (OIG) to investigate possible conflicts of interest related to Hinman’s speech. The investigation has been completed, and the report has been sent to SEC Chairman Gary Gensler. However, it hasn’t been made public yet. Deaton’s Message to the SEC In response to the delay, Deaton, who represents 75,000 XRP holders in the Ripple case, took action by calling the SEC Chairman’s Office directly. In a respectful but firm message, he asked Gensler to release the report within the next 10 days. He also pointed out that the findings are of major interest to the public, especially to those following the Ripple case. Deaton’s message was clear: “This is a respectful request for you to release the report to the public. 75,000 XRP holders are waiting for this.” A Call for Action Deaton encouraged others to join him in pushing for transparency. He urged people to call the SEC or send emails to ask for the report’s release. The goal is to send a clear message that the public deserves to know what’s in the report. Gensler will resign as SEC Chairman on January 20, the same day as Donald Trump’s inauguration. Paul Atkins will take over as the new head of the SEC. As the deadline approaches, the crypto community is rallying together in hopes of getting the SEC to release the Hinman report and ensure that government actions are held accountable.