The long-awaited Hinman documents were unsealed and revealed to the public on June 13. The documents provide insight into William Hinman’s speech which stated that Ether is not a security.
The highly anticipated Hinman documents were unsealed and released to the public earlier this week.
The documents contain internal communications within the SEC, which provide much-needed insight into William Hinman’s, the former director of the SEC’s corporate finance division, 2018 speech in which he claimed that Ether (ETH) should not be categorized as a security.
Hinman famously said during his speech:
Based on my understanding of the present state of Ether, the Ethereum network and its decentralized structure, current offers and sales of Ether are not securities transactions.
In the now publicly available internal communications, Hinman said:
Attached please find a draft of the speech I had mentioned, which suggests that we don’t need to see a need to regulate Ether, as it is currently
We współpracy z: https://cryptodaily.co.uk/2023/06/sec-in-a-difficult-position-as-hinman-docs-are-unsealed
