Some screenshots of the Hinman document shared by CryptoGeek showed that the Ethereum co-founders coordinated with the SEC to get significant favour from the SEC body.
On 17 Jan 2024, CryptoGeek, a popular X (Twitter) account with over 23.5k followers, shared four screenshots of Bill Hinman’s document, a document related to the SEC’s emails & meeting in which they labelled Ethereum (ETH) as a non-security crypto asset.
It was believed that the Hinman document was very important in the Ripple (XRP) vs SEC lawsuit. After a couple of years, with the help of a legal fight, the Ripple lawyers forced the SEC body to disclose the Hinman Document publicly.
The shared screenshot by CryptoGeek includes a discussion among the top SEC officials over the nature of Bitcoin & Ethereum and there is also a discussion of a meeting between Ethereum co-founders with the SEC, where they asked the SEC body to release a free pass for them.
By considering all these meeting details, CryptoGeek alleged that Vitalk paid the SEC body to declare XRP as an unregistered security token as well as to list from the crypto exchanges.
However, the shared screenshots of the Hinman document don’t contain anything directly related to Vitalik Buterin’s name but still CryptoGeek used Vitalik’s name as an XRP hater in his discovery.
However already many XRP proponents claimed that Ethereum enjoyed a free pass from the SEC body because of its key executives meeting with the SEC officials but it will be interesting to see whether Vitalik will respond against these allegations or not.
A crypto X user said that already Ripple representatives used the Hinman document as evidence in the Ripple vs SEC case and also they won, so it is time to move on instead of wasting time on these things.