Pro-XRP Lawyer Deaton Calls on Gensler to Make SEC’s Hinman Report Public Within 10 Days

In a recent live video, John Deaton, the founder and host of Crypto Law, called for the SEC to release the highly anticipated report on the controversial 2018 speech by former SEC official William Hinman. The speech, which gave Ethereum a regulatory pass, has raised serious concerns about potential conflicts of interest within the SEC.

What’s the Issue?

Empower Oversight, an independent watchdog group, had asked the Office of the Inspector General (OIG) to investigate possible conflicts of interest related to Hinman’s speech. The investigation has been completed, and the report has been sent to SEC Chairman gary gensler gary gensler at US Securities and Exchange Commision Gary Gensler is the chairman of the U.S. Securities and Exchange Commission (SEC). His studies in finance and blockchain at MIT have helped him develop U.S. cryptocurrency regulations and policies. Quick Facts Full name Gary Scott Gensler Birth 18-10-1957, Baltimore, Maryland, United States Nationality American Education MBA from the University of Pennsylvania Marital status Married to Francesca Danieli (1986-2006) Net worth Estimated $100 million Gensler has advocated for enhanced supervision of digital assets, seeking to regulate cryptocurrencies similar to securities. His work at the SEC has focused on safeguarding investors, regulating crypto exchanges, and establishing stablecoin policies. Gary Gensler - Career Highlights 1997 – Became Assistant Secretary of the Treasury. 2009 – Led CFTC, regulating financial derivatives post-2008 crisis. 2018 – Taught blockchain and crypto at MIT. 2021 – Appointed SEC Chairman, focusing on crypto regulations. 2022 – Proposed stricter rules for crypto exchanges. 2023 – Took legal action against major crypto firms. 2024 – Advocated for stronger stablecoin and DeFi regulations. Gary has collaborated with multiple lawmakers in formulating crypto policies. Even with disagreements with crypto investors regarding crypto policies, he continues to be a key player in the changing dynamic between regulatory frameworks and blockchain advancement. Awards & Recognitions of Gary Gensler Year Institution Description 2009 U.S. Treasury Financial Regulation Leader 2018 MIT Blockchain & Crypto Educator 2021 SEC SEC Chairman Overseeing Crypto Policies 2023 Bloomberg Most Influential Regulator in Crypto 2024 Forbes Top Policy Maker in Digital Assets Useful Links to Connect With Gary Gensler Platform Link X (formerly Twitter) twitter.com/GaryGensler CFTC website Chairman Gary Gensler Chairman However, it hasn’t been made public yet.

Deaton’s Message to the SEC

In response to the delay, Deaton, who represents 75,000 XRP holders in the Ripple case, took action by calling the SEC Chairman’s Office directly. In a respectful but firm message, he asked Gensler to release the report within the next 10 days. He also pointed out that the findings are of major interest to the public, especially to those following the Ripple case.

Deaton’s message was clear

This is a respectful request for you to release the report to the public. 75,000 XRP holders are waiting for this.

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A Call for Action

Deaton encouraged others to join him in pushing for transparency. He urged people to call the SEC or send emails to ask for the report’s release. The goal is to send a clear message that the public deserves to know what’s in the report.

Gensler will resign as SEC Chairman on January 20, the same day as Donald Trump’s inauguration. Paul Atkins will take over as the new head of the SEC. As the deadline approaches, the crypto community is rallying together in hopes of getting the SEC to release the Hinman report and ensure that government actions are held accountable.

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