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Empower Oversight is pressing the SEC's Inspector General to complete and issue an ethics report on conflicts of interest involving former SEC officials William Hinman and Jay Clayton. The watchdog group has been advocating for transparency on crypto regulations and has submitted a new referral concerning Clayton. Since December 2021, they have been calling for the release of documents related to the XRP case.
Transparency should be a given when it comes to regulation and understanding how laws are put in place. Unfortunately that is often not the case. Our general counsel @larryflorio just submitted 9 FOIA requets to the @SECgov related to their actions on SAB 121. Find out more… https://t.co/pjzN5WLhYk
Once again, it looks like the current @SECGov regime is playing favorites & picking winners, whispering guidance to select companies instead of publicly sharing it We deserve to know what they're saying, so I submitted 9 FOIA requests on their actions related to SAB 121 🧵 /1
Administrative change incoming. SEC weakness. Case resolving soon. Chart is mega-bullish. But most won't bid until ATH bc XRP has been a retail trap for 6 years. https://t.co/4VVpydBLaR