Stuart Alderoty, Ripple Labs’s Chief Legal Officer, took to Twitter to voice concerns over potential conflicts of interest involving former SEC official, Bill Hinman.
Alderoty tweeted, “Crypto critic/x-SEC official John Reed Stark says there should be an investigation into Bill Hinman. This is broader than Ripple – there could potentially be serious conflicts of interest by a gov official. An investigation will either put it to rest or hold folks accountable.”
The statement by Alderoty came in response to John Reed Stark, who pointed to the various reports of Bill Hinman’s conflicts of interest. According to former SEC official Stark, there should be an FBI investigation. If misconduct by Hinman comes to light, the U.S. Department of Justice should take action.
Ripple Vs. SEC: The Hinman Speech Controversy
In 2018, William Hinman, then the Director of Corporation Finance at the SEC, delivered a speech that has since…
