John Deaton, an advocate for XRP holders, has demanded the SEC release the Hinman report, which stems from a 2018 speech by a former SEC official indicating Ethereum isn’t a security. Deaton believes the report’s release is crucial to grasp the SEC’s actions against Ripple and has issued a 10-day ultimatum.
Deaton urges 75,000 XRP holders to apply public pressure on the SEC to release the report. Meanwhile, Empower Oversight has investigated potential conflicts of interest regarding the speech, with findings unreleased. Deaton emphasizes that public awareness of this report is essential for understanding the context of SEC’s scrutiny on Ripple.
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