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{"id":66,"date":"2022-08-26T12:59:00","date_gmt":"2022-08-26T12:59:00","guid":{"rendered":"https:\/\/digitalassets.review\/snippets\/?p=66"},"modified":"2022-09-05T23:39:46","modified_gmt":"2022-09-06T06:39:46","slug":"alleged-conflicts-of-interest-in-the-sec-vs-ripple-case","status":"publish","type":"post","link":"https:\/\/digitalassets.review\/snippets\/enforcement\/alleged-conflicts-of-interest-in-the-sec-vs-ripple-case","title":{"rendered":"Alleged Conflicts Of Interest In The SEC vs Ripple Case"},"content":{"rendered":"\n<h4 class=\"has-text-align-center wp-block-heading\">Summary<\/h4>\n\n\n\n<p>\u201cPressure is mounting on the Securities and Exchange Commission (SEC) over an alleged conflict of interest involving a member of the agency and Ether, the cryptocurrency of the Ethereum blockchain.<\/p>\n\n\n\n<p>In his speech, he opined that Ether is not a security, stating that \u201cbased on my understanding of the present state of Ether, the Ethereum network and its decentralized structure, current offers and sales of Ether are not securities transactions.\u201d<\/p>\n\n\n\n<p>Hinman\u2019s role at the SEC is an important element of a lawsuit brought against the SEC by Ripple (XRP), a cryptocurrency that competes with Ether and was categorized as a security by the SEC.<\/p>\n\n\n\n<p>As virtual currencies become a larger part of our trading marketplace it is important that regulations keep pace in order to foster this technology while maintaining just and equitable standards and ensuring full transparency.\u201d<\/p>\n\n\n\n<p>Source: <a href=\"https:\/\/www.breitbart.com\/tech\/2022\/08\/25\/questions-mount-over-alleged-sec-conflicts-of-interest-in-ripple-crypto-case\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.breitbart.com\/tech\/2022\/08\/25\/questions-mount-over-alleged-sec-conflicts-of-interest-in-ripple-crypto-case\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Summary \u201cPressure is mounting on the Securities and Exchange Commission (SEC) over an alleged conflict of interest involving a member of the agency and Ether, the cryptocurrency of the Ethereum blockchain. In his speech, he opined that Ether is not a security, stating that \u201cbased on my understanding of the present state of Ether, the&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/digitalassets.review\/snippets\/enforcement\/alleged-conflicts-of-interest-in-the-sec-vs-ripple-case\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Alleged Conflicts Of Interest In The SEC vs Ripple Case&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":2,"featured_media":106,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-66","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enforcement"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/digitalassets.review\/snippets\/wp-content\/uploads\/2022\/08\/court-house-g11685dd97_640.png?fit=640%2C612&ssl=1","_links":{"self":[{"href":"https:\/\/digitalassets.review\/snippets\/wp-json\/wp\/v2\/posts\/66","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digitalassets.review\/snippets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digitalassets.review\/snippets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/digitalassets.review\/snippets\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/digitalassets.review\/snippets\/wp-json\/wp\/v2\/comments?post=66"}],"version-history":[{"count":1,"href":"https:\/\/digitalassets.review\/snippets\/wp-json\/wp\/v2\/posts\/66\/revisions"}],"predecessor-version":[{"id":67,"href":"https:\/\/digitalassets.review\/snippets\/wp-json\/wp\/v2\/posts\/66\/revisions\/67"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digitalassets.review\/snippets\/wp-json\/wp\/v2\/media\/106"}],"wp:attachment":[{"href":"https:\/\/digitalassets.review\/snippets\/wp-json\/wp\/v2\/media?parent=66"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digitalassets.review\/snippets\/wp-json\/wp\/v2\/categories?post=66"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digitalassets.review\/snippets\/wp-json\/wp\/v2\/tags?post=66"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}