Empower

Terra

Read

<ul> 
 <li>Steven Nerayoff alleges hidden motives behind SEC’s 2018 ‘Ethereum free pass’ speech.</li> 
 <li>Deaton and Nerayoff tag-team make revelations leading to the unraveling of ETH Gate.</li> 
 <li>The <a href="https://cryptonewsland.com/xrp-community-awaits-judges-judgment/">XRP community</a> raises concerns over potential SEC corruption and conflicts of interest.</li> 
</ul> 
<p>The Deaton and Nerayoff tag-team is <a href="https://cryptonewsland.com/pro-xrp-lawyer-john-deaton-drops-long-awaited-bombshells/" target="_blank" rel="noreferrer noopener">leading to shocking reveals</a> amid the SEC vs XRP hearing aftermath. In detail, crypto adviser Steven Nerayoff has made startling allegations about William Hinman’s infamous 2018 speech.</p> 
<p>In fact, Nerayoff declares that the date of the speech will “live in infamy”. Hinman, the former director of the SEC’s Corporation Finance division, delivered a speech on June 14, 2018, in which he classified Ethereum and Bitcoin as non-securities.</p> 
<p>Nerayoff’s comments came in response to a document shared by prominent XRP community member <a href="https://twitter.com/digitalassetbuy/status/1706410430955135449" target="_blank" rel="noreferrer noopener nofollow">@digitalassetbuy</a>, which detailed a meeting between key crypto stakeholders and the SEC’s Corporation Finance staff on March 28, 2018. This meeting has been described as the event that led to the controversial ‘Ethereum free pass’ speech by Hinman.</p> 
<p>Nerayoff implied that there is more to Hinman’s speech than meets the eye and suggests that undisclosed motives were behind it. He stated, “They’re hiding more than the motives behind the speech.”</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Empower Oversight with the perfect summary of the Clayton conflict. He disgraced the SEC and his position as chairman. He benefitted from his conflictual conduct. <a href="https://t.co/wBbWzyPAp6">https://t.co/wBbWzyPAp6</a> <a href="https://t.co/BXX68oPczq">pic.twitter.com/BXX68oPczq</a></p>— bill morgan (@Belisarius2020) <a href="https://twitter.com/Belisarius2020/status/1706413966887665827?ref_src=twsrc%5Etfw">September 25, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>Notably, Steven Nerayoff was charged with alleged extortion by the FBI in 2019, but the case was dropped in May 2023. He has since <a href="https://cryptonewsland.com/could-og-ethereum-co-creator-derail-the-secs-rampage-and-expose-ethgate/" target="_blank" rel="noreferrer noopener">claimed that he was targeted by the FBI</a> due to his knowledge of Ethereum’s initial coin offering (ICO), implicating other government agencies, including the SEC and the Justice Department.</p> 
<p>The debate over Hinman’s speech has been reignited recently with Empower Oversight’s FOIA request. The organization seeks communication records between former SEC Chair Jay Clayton and others concerning cryptocurrencies. This FOIA submission focuses on the SEC’s handling of crypto enforcement during Clayton’s tenure, especially in light of the SEC’s lawsuit against Ripple and XRP.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Let’s NOT FORGET Clayton was the ONLY Commissioner to see and read the draft speech before it was given. Hinman did NOT send a copy to <a href="https://twitter.com/HesterPeirce?ref_src=twsrc%5Etfw">@HesterPeirce</a>. That’s right, Crypto-Mom didn’t get a heads up regarding the biggest speech in Crypto history. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f914.png" alt="🤔" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/3zBrgNWy7c">https://t.co/3zBrgNWy7c</a></p>— John E Deaton (@JohnEDeaton1) <a href="https://twitter.com/JohnEDeaton1/status/1706424227065172055?ref_src=twsrc%5Etfw">September 25, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>XRP enthusiasts and lawyers have raised concerns about potential conflicts of interest and corruption within the SEC. Attorney John Deaton, who represents thousands of XRP holders in the Ripple lawsuit, highlights that Hinman never sent a copy of the “biggest speech in the crypto industry” to SEC Commissioner Hester Peirce, also known as ‘Crypto-Mom’.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">When I first raised the HUGE conflicts of interests and GROSS appearances of impropriety, related to the Clayton/Hinman tenure at the SEC, I was called a conspiracy theorist by many in the industry. Then my 75K friends, along with our incredible sleuths <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f575-fe0f-200d-2642-fe0f.png" alt="🕵️‍♂️" class="wp-smiley" style="height: 1em; max-height: 1em;">, joined in uncovering… <a href="https://t.co/YLEe1tmF9u">https://t.co/YLEe1tmF9u</a></p>— John E Deaton (@JohnEDeaton1) <a href="https://twitter.com/JohnEDeaton1/status/1706407627847065692?ref_src=twsrc%5Etfw">September 25, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>These revelations and ongoing discussions suggest a growing scrutiny of the SEC’s actions and policies in the crypto space. As the Deaton-Nerayoff tag-team takes us deeper into the ETHGate conspiracy, the crypto community hopes for more transparency and accountability within the space.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4> 
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/could-og-ethereum-co-creator-derail-the-secs-rampage-and-expose-ethgate/">Could OG Ethereum Co-Creator Derail the SECs Rampage and Expose ETHGate?</a></li>
 <li><a href="https://cryptonewsland.com/unraveling-the-dramatic-dip-in-todays-market/">“<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f53b.png" alt="🔻" class="wp-smiley" style="height: 1em; max-height: 1em;">Crypto Crash Alert!<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f53b.png" alt="🔻" class="wp-smiley" style="height: 1em; max-height: 1em;">: Unraveling the Dramatic Dip in Today’s Market”</a></li>
 <li><a href="https://cryptonewsland.com/crypto-leaders-discuss-ethgate-ethereums-regulatory-treatment-under-scrutiny/">Crypto Leaders Discuss ETHGate: Ethereum’s Regulatory Treatment Under Scrutiny</a></li>
 <li><a href="https://cryptonewsland.com/pro-xrp-lawyer-john-deaton-drops-long-awaited-bombshells/">Pro-XRP Lawyer John Deaton Drops Long-Awaited Bombshells</a></li>
 <li><a href="https://cryptonewsland.com/gemini-terra-conspiracy-peddled-by-hoskinson-untrue/">Gemini: Terra Conspiracy Peddled by Hoskinson Untrue</a></li>
</ul> 
<p>The post <a rel="nofollow" href="https://cryptonewsland.com/xrp-vs-sec-case-inches-closer-to-unraveling-ethgate-conspiracy/">XRP vs SEC Case Inches Closer to Unraveling ETHGate Conspiracy</a> appeared first on <a rel="nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

XRP vs SEC Case Inches Closer to Unraveling ETHGate Conspiracy

Crypto News Land

Other articles published on Sep 26, 2023

India is a puzzle the U.S. and allies must solve

Kneron Secures $49 Million in Funding to Challenge Nvidia, With Foxconn as a Backer

Can Shiba Inu (SHIB) Finally Hit $0.00001 or Counting Struggling? Price Forecast for Q4 2023

Ethereum Beats Many Conglomerate in Terms of $10B in Revenue

Bitboy Crypto Arrested Following Business Partner Confrontation!

Leaked documents reveal Microsoft’s plans to bring crypto wallets to Xbox

Join our free newsletter for daily crypto updates!