Ripple’s CLO Questions the Conflict of Interest of Ex-SEC Official Hinman!

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Stuart Alderoty, Chief Legal Officer of Ripple Labs, has raised concerns about potential conflicts of interest involving former SEC official Bill Hinman. In a tweet, Alderoty highlighted comments made by crypto critic and former SEC official John Reed Stark, who suggested that Hinman should be investigated. The issue reportedly relates to Hinman’s former role at the SEC and his subsequent work for a law firm that has represented Ethereum, a rival cryptocurrency to Ripple’s XRP. Ripple is currently embroiled in a lawsuit with the SEC over allegations of offering securities without registering them.