Empower Oversight release emails which show former Director William Hinman had a relationship with Ethereum, casting further doubt on the agency's credibility to as an impartial organization.
The San Fransico-based fintech firm has had significant success over the past couple of months. On March 12, Analisa Torres denied the SEC’s motion to strike Ripple from using a “Fair Notice Defense.” The SEC alleged that the payments company unlawfully sold XRP as an unregistered security. A position the regulator maintained to this day.
Ripple, the leader in enterprise blockchain and crypto solutions, is committing 1B XRP to accelerate development and new use cases on the XRP Ledger (XRPL).