Empower Oversight, a watchdog group, has released a new batch of documents obtained through a Freedom of Information Act (FOIA) request yesterday, sparking outrage in the XRP community. The documents reveal a deeper involvement of Ethereum co-founder Joseph Lubin and his company, Consensys, in the controversial June 14, 2018, cryptocurrency speech by former SEC Director of Corporation Finance, William Hinman.
According to the documents released on August 3, 2023, “Joseph Lubin and his company, Consensys, played a much more central role than previously known in driving then-SEC Director of Corporation Finance William Hinman’s thinking and goals with his controversial June 14, 2018, cryptocurrency speech.” This speech has been a point of contention in the Ripple case, especially as the SEC has since claimed that other similar cryptocurrencies, including XRP, were unregistered securities.
🧵1. The @SECgov has now turned over…
