Deaton challenges Coindesk to a debate if it thinks he supported a QAnon conspiracy about Ethereum.
There have been allegations of corrupt practices involving the internal staff of the Securities and Exchange Commission and Ethereum officials during the formulation of William Hinman’s 2018 speech. Several members of the cryptocurrency communities have weighed in on the debate, including Charles Hoskinson.
Coindesk Dismisses the Allegation As A QAnon-Style Conspiracy
Leading cryptocurrency media outlet Coindesk recently referred to the allegations seeking to ensure Ethereum is classed as a security as a QAnon-style conspiracy. The Coindesk report infuriated XRP enthusiasts, who called out the news outlet for siding with Ethereum.
Attorney Deaton Reacts
Attorney John Deaton, the founder of Crypto Law, a media outlet focused on cryptocurrency regulatory and legal news, was among those who reacted to the report. Deaton asked Coindesk to bring its top journalist to a debate if the media outlet is confident that he made a QAnon-style conspiracy.
“If anyone at Coindesk is suggesting that I spew Q Anon conspiracies, I volunteer to be crushed in a debate or civil discussion by one of their top-notch journalists,” Deaton said.
The Crypto Law founder said it would be easy for Coindesk to humiliate him in a live stream if the cryptocurrency media outlet is confident that he has been supporting QAnon-type conspiracies.
“I mean if I’m espousing QAnon-type conspiracies, it should be easy to expose and humiliate me on a live stream,” he said.
Documents Backs Deaton’s Claims
It is noteworthy that since Ethereum officials and internal staff of the SEC were accused of corruption, several documents have been released to back this claim.
Earlier this year, Empower Oversight, a popular whistleblower checking and curbing the abuse of authorities, released a document that revealed SEC’s former director of Corporation Finance violated the agency’s policy.
While still at the SEC, Hinman had several meetings with his former employer, Simpson Thacher & Bartlett, a member of the Enterprise Ethereum Alliance (EEA). EEA is an organization created for the main purpose of marketing Ethereum as an enterprise solution.
After his time at the SEC, Hinman was allegedly paid over $9 million in profit and retirement earnings by Simpson Thacher. Furthermore, Hinman’s calendar while at the SEC revealed that he met Ethereum-related officials more than any other crypto project, even before Ethereum was declared as a non-security.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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