Is Bitboy saying that former SEC director was bribed?

Is Bitboy saying that former SEC director was bribed?

In a tweet on 9 October Bitboy Crypto aka Ben Armstrong accused the former SEC director William Hinman of accepting bribes to give the view that Ethereum was a commodity.

Bitboy Crypto aka Ben Armstrong made a rather provocative statement in his Twitter account yesterday. He seemed to be accusing former Director of the Division of Corporate finance at the SEC, William Hinman, of accepting bribes in order to take the view that Ethereum was a commodity and not a security.

In the tweet, Armstrong also gave details of his three biggest crypto holdings, which were $XRP, $ADA, and $ETH, saying “I refuse to take sides. They all win.”

Saying that Hinman “certainly accepted bribes. It’s CLEAR”, is a rather provocative statement to say the least, and might suggest that Armstrong ‘knows something’. 

In his tweet he also refers to Charles Hoskinson, the founder and CEO of Cardano, saying that he believed that he held similar views when he stated that the SEC didn’t sue Ethereum because of “relationships”.

The SEC is currently beleaguered in other areas. The judge in charge of the SEC vs Ripple case recently overruled the regulator in its attempt to not make documents public that referred to a speech Hinman made in 2018 in which he specified that neither Bitcoin nor Ethereum were securities.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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