- Bill Hinman and Jay Clayton turn in support of Ripple Labs.
- Clayton has served as an advisor for Electric Capital.
- Hinman joined the board of a16z.
Eleanor Terrett, a journalist, recently tweeted that the former Director of the SEC Division of Corporation Finance Bill Hinman, and former SEC chairman Jay Clayton are inadvertently supporting Ripple Labs.
Irony at its finest: Jay Clayton and Bill Hinman are now inadvertently supporting @Ripple through their associations with @ElectricCapital and @a16z which are both members of the @crypto_council. “CCI thus represents the views of industry veterans…”