Cowboy Crypto, in a latest X post, has shared a little review of SEC officials who are involved in the SEC vs Ripple case. He has asked to pay attention to all the Congressmen/Congresswomen who have not said a word about this appeal of government overreach and blatant corruption.
Jay Clayton filed a Ripple lawsuit on his last day as acting chairman and ended up at Electric Capital, a crypto investment firm. Electric Capital happens to be an early investor in Bitwise that filed for XRP ETF the day before the SEC filed its appeal notice.
Bill Hinman left the SEC as Enforcement Director just 2 months before Clayton filed Ripple suit in December 2020 and went to A16Z. He underscored that A16Z partner Mike Haydon happens to be an Angel Investor at Valkyrie with founder Steven McClurg who is also the founder of the company that just filed for the Canary XRP ETF on 9/24/2024 called Canary Capital. He shared that this could “probably be a coincidence.”
He further wrote, “Let’s not go into detail on Hinman’s son working for a Web3 incubator called Plug & Play. Let’s not mention Tether’s Founder Brock Pierce is a mentor at Plug & Play.”
Marc Berger left his active role as the SEC Enforcement Director on Jan 12, 2021 and headed to Simpson Thacher which is Bill Hinman’s law firm, just two weeks after Jay Clayton filed Ripple suit.
Now, as of yesterday, SEC Enforcement Director Gubir Grewal left his job on the SAME DAY the SEC filed a notice of appeal in the Ripple case to leave to a private undisclosed law firm. He stated that “one can only hope he is going to Perkins Coie, Sullivan & Cromwell or Simpson Thacher. That would really be icing on the cake.” 🎂
He concluded his review by stating, “When the truth eventually comes out, the shamefulness of their behavior here will shock you.”
