US SEC Under Fire: Empower Oversight Demands XRP Case Transparency

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US SEC Under Fire: Empower Oversight Demands XRP Case Transparency - CoinGape

Quick Summary:

Empower Oversight is stepping up its attempts to receive information from the Securities and Exchange Commission (SEC) about the conflicts of interest and selective enforcement of cryptocurrencies.

The complainant has asked the SEC’s OIG to issue a report that is still pending and assesses these questions of law, especially those concerning Hinman and Clayton of the SEC.

William Hinman, the former Director of SEC and Jay Clayton, the former Chair of SEC have been in the middle of controversy concerning cryptocurrency regulation.