The U.S. Securities and Exchange Commission (SEC) could not “confirm or deny” the authenticity of the video, with William Hinman serving as corporate finance director for the department.

We’re talking about Hinman’s speech at the Fintech Week 2018 conference, where he stated that transactions with Ethereum are not “transactions with securities.” Although the official could be seen and heard on video, the SEC found this insufficient to identify him.

The video was uploaded to YouTube in January 2019. The account from which the post was made appears to belong to interviewer Chris Brammer.

“In light of all the above objections and after reasonable investigation, it can be concluded that there is currently not enough known and available information for the Commission to approve or reject this request,” the Regulator said.

According to the petition of Ripple lawyers dated May 18, the Commission did not respond to a total of 53 people. RFA On matters that are important to the progress of the case. The company noted there was “no real disagreement” on these points.

In April 2022, Judge Sarah Netburn rejected a related motion to review the confidentiality of documents related to Hinman’s 2018 speech. She then stated that for various reasons, Bitcoin and Ethereum are not securities.

Recall that in December 2021, law firm Deaton Law Firm stated that the SEC showed greater loyalty to Ethereum than the XRP token.

Earlier, the Fox Business channel broadcast a large-scale investigation. Journalists concluded that employees of the department behind the filing of the lawsuit may have been linked to Ethereum.

In August 2021, nonprofit Empower Oversight drew attention to a possible conflict of interest in the actions of former top SEC officials.