The SEC and Ethereum Phone Call: A Complex Narrative
The SEC and Ethereum had scheduled a crucial phone call for April 23, 2018, but it was pushed to May 2018. On the original date of the call, Gary Gensler, the CFTC chairman, publicly pondered whether #XRP and #ETH could be classified as securities. This coincidence left crypto enthusiasts and analysts wondering if there was a deeper connection.
Backdoor Communications and Ethereum Alliances
- Rumors suggest private communications between Bill Hinman of the SEC and Joseph Lubin, the co-founder of Ethereum.
- A mysterious group convened in Toronto, sparking speculation about its connection to the Ethereum Foundation.
- Hinman allegedly denied knowledge of Simpson Thacher’s association with the Enterprise Ethereum Alliance, raising questions about their collaboration with The Token Foundry and The Brooklyn Project.
#EthGate Speech and the Veil of Decentralization
Bill Hinman received an invite from Consensys on April 23, 2018, just before the infamous #EthGate Speech. On the same day, Gensler made comments about Ether and Ripple’s XRP’s probable securities status. Some suggest the SEC’s call aimed to validate Ethereum’s decentralized status.
Deciphering the Crypto Puzzle
The evolving story reveals a dance of power, influence, and information in the crypto world. As more layers are unraveled, the crypto community and beyond eagerly await the discovery of what lies beneath the surface.
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