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Empower Oversight Obtains Additional Documents Shedding Light on Potential Cryptocurrency Conflicts of Interest within the SEC

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#cryptotrading #crypto #Bitcoin $BTC $ETH $XRP

Empower Oversight received about 200 pages of emails from the SEC responsive to its FOIA request for records that could shed light on allegations of conflicts of interest associated with the SEC’s selective enforcement actions involving cryptocurrencies.

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The documents show that the SEC ethics office cautioned former SEC official William Hinman that he had a direct financial interest in Simpson Thacher, yet Hinman continued to meet with the firm in spite of these warnings.

Hinman met with Josh Bonnie, a partner at Simpson Thacher, at least three times after that warning. Hinman also met with the co-founders and investors in Ethereum ahead of a market-moving speech he gave in 2018 declaring the digital asset Ether to not be a security.

All of the released emails can be found in full on the link below:

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#cryptotrading #crypto #Bitcoin $BTC $ETH $XRP