Attorney Says Possible Game, Set and Match for Ripple and XRP Lawsuit Heres Why

– A lawyer and crypto legal expert says that a breach of ethics could mark the end of the U.S. Securities and Exchange Commissions (SEC) lawsuit against Ripple Labs.

– Attorney John Deaton points to documents uncovered by an anti-corruption watchdog Empower Oversight involving the SECs former Director of Corporate Finance William Hinman and a speech he made in 2018 stating that Ethereum is not a security.

– According to Empower Oversight, uncovered emails suggest that Hinman knowingly had a conflict of interest in making the speech before delivering it. If proven, Deaton says it would spell the end of the SECs lawsuit against Ripple, which it filed in December of 2020 under allegations that XRP was issued as an unregistered security.

– The group says that the SECs Ethics Office warned Hinman that he needed to recuse himself from the matter.

– Empower Oversight says that Hinman had failed to disclose his ties to the law firm, and that his comments helped boost Ethereums price at the time of the speech.

and XRP Lawsuit Attorney Says Possible Game, Set and Match for Ripple and XRP Lawsuit Heres Why
Attorney Says Possible Game, Set and Match for Ripple and XRP Lawsuit Heres Why 2

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