The SEC Releases Details About In-House Conversations Regarding the Security of Ether.

In 2022, the Securities and Exchange Commission (SEC) has faced criticism for not revealing confidential emails and notes connected to William Hinman’s 2018 speech. This particular speech declared that ether, a cryptocurrency linked to the Ethereum network, was not considered a security. Ripple, currently embroiled in a legal dispute with the SEC, obtained redacted versions of these documents. The information revealed in these documents revealed significant internal deliberations within the SEC about whether ether should be classified as a security.