Former SEC Chairman Jay Clayton has come into controversy again for indirectly suppoting abuse of power.
Jay Clayton, alongwith Bill Hinmen sued Ripple, causing $15b losses to investors. (their documents are called Hinmen speech)
Although Clayton cannot give directions to SEC, but his successor Gary Gensler is suing as much crypto business as he could, yet Clayton is asking for more business to be sued.
Jay Clayton, alongwith Bill Hinmen sued Ripple, causing $15b losses to investors. (their documents are called Hinmen speech)
Although Clayton cannot give directions to SEC, but his successor Gary Gensler is suing as much crypto business as he could, yet Clayton is asking for more business to be sued.