Hinman's SEC Emails and Speech Shed Light on ETH's Security Status

Former SEC director William Hinman planned to have a conversation with Ethereum co-founder Vitalik Buterin in 2018 to "confirm our understanding of how the Ethereum Foundation operates" and to support his stance that ETH was not a security. The recently surfaced document provides a glimpse into internal discussions at the SEC preceding the Hinman speech in which he suggested that bitcoin and ether were not securities. The SEC has filed a lawsuit against Ripple Labs for raising over $1.3 billion via an unregistered digital asset securities offering with its own XRP cryptocurrency.