Crypto Events

Story: US SEC Clears Bill Hinman in Ethereum-XRP Selective Enforcement Probe

By James Thorp

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Former U.S. Securities and Exchange Commission (SEC) official Bill Hinman has been cleared of wrongdoing following a formal investigation into allegations that he acted…

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Hinman, who joined the SEC in 2017 after a lengthy legal career at Simpson Thacher & Bartlett — a law firm with ties to Ethereum through its participation in the Enterprise…

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According to a ten-page report released by the SEC’s OIG, the investigation concluded that the allegations lacked merit.

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The report also aimed to debunk the idea that Hinman was solely responsible for the 2018 Ethereum statement.

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Empower Oversight, the whistleblower group behind the allegations, has criticized the investigation, calling it too narrow in scope.

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This perceived imbalance in regulatory treatment has remained a sore point for XRP supporters.

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As the crypto market continues to evolve and attract institutional attention, the demand for consistent regulatory clarity is only growing.

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