More on the corrupt actions of SEC leaders in apparent attempts to cash in on the Crypto coin craze.
Back in June, we laid out the actions from the former SEC Chairman Jay Clayton related to the crypto coin market.
Today we present an update obtained from a series of tweets from John E Deaton:
The first revelation is that former SEC Heads Clayton and Hinman worked together before their SEC work. Clayton also had a connection to the crypto concern the Ethereum Foundation.
Hinman’s law firm was on the Board of the #EtherAlliance and represented clients involved with the #Ethereum Foundation.
Hinman met with Lubin and Consensys prior to his June 14, 2018 #BTC and #Ether are not securities speech.
Lubin was part of the Hinman speech conference.
— John E Deaton (@JohnEDeaton1) September 3, 2021
In October 2020 ‘One River’ makes a $1 billion bet on Bitcoin and Ethereum and a few weeks later Clayton joins One River.
Less than 12 weeks after leaving the SEC, Clayton joins One River.
While #BTC and #Ether are declared commodities and given clarity, @Ripple and #XRP are buried in litigation.
With all this in mind watch @digitalassetbuy’s clip below. #XRPHolders can’t watch without disgust. https://t.co/0qNNZp4BEt
— John E Deaton (@JohnEDeaton1) September 3, 2021
The SEC under Clayton gives Bitcoin and Ethereum a huge advantage by going after its competitor Ripple XRP on Clayton’s last day in office.
#BTC and #Ether have a HUGE advantage because the other projects must now deal with the @SECGov. He argues how the other tokens are basically securities.
When you consider the pass that #Ether was given by Clayton, Hinman and the SEC, you would think he would have more grace.
https://t.co/PQgEvkOVGa
— John E Deaton (@JohnEDeaton1) September 3, 2021
The actions by Clayton’s SEC gave select crypto concerns that Clayton was, or is connected to, a great advantage over other firms.
You simply cannot overstate the significance and advantage that the Hinman Speech provided to #Ether and #BTC
I’ve said for months it makes no legal or common sense to claim today’s #XRP itself is a security and that there must be an ulterior motive behind the #Ripple lawsuit.
— John E Deaton (@JohnEDeaton1) September 3, 2021
We’ll see if our justice system is entirely corrupted. The current situation gives former SEC leaders and their related crypto firms and China a great advantage over other firms like Ripple. Corruption has no bounds.
The post More Is Being Revealed Regarding the Actions of Former SEC Leaders in Apparent Attempts to Cash in on the Crypto Craze appeared first on The Gateway Pundit.