- A FOX journalist obtained a copy of former SEC Director Bill Hinman’s calendar.
- Hinman has met with people from the crypto industry, including those from Ethereum.
- If worse comes to worst, the SEC may consider Ethereum a security.
It would appear that the skeletons in Bill Hinman’s closet during his tenure at the US Securities and Exchange Commission (SEC) are being unearthed in plain sight. Specifically, FOX journalist Eleanor Terrett has gotten a copy of Hinman’s calendar while he was still part of the SEC, and some entries are very interesting.
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According to Terrett, Hinman met personally with prominent people from the crypto industry. Some were hilarious, especially his encounter with a person who pretended to be Satoshi Nakamoto himself. Meanwhile, others were questionable, such as his meetings with a couple of people from Ripple.
However, one thing that stood out was Hinman’s alleged meetings with those from Ethereum. Specifically, Terrett claimed that Hinman met with ConsenSys officials.
This is significant, given Hinman’s tainted reputation — as far as people from crypto are concerned. Also, Ethereum, alongside Bitcoin, have been singled out by the SEC as the only cryptocurrencies that they do not consider securities.
For the uninitiated, Ethereum is different from Bitcoin, organization-wise, since the former has people that it considers its founders. These founders, especially Vitalik Buterin, have made statements that others interpret as troublesome.
However, Buterin has maintained that Ethereum is not a security.
On the other hand, Bitcoin remains censorship-resistant. Specifically, it has resisted many calls in the past to alter its code. It also does not have a person equivalent to Buterin. In fact, those who may have fit the bill are now in Bitcoin Cash (Roger Ver) and Bitcoin SV (Craig Wright).
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