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Former SEC Director Hinman Violated The Ethics Attorney’s Orders To Enrich Himself And China

Gary Gensler is in charge of the SEC right now. He used to be the CFO of Hillary's campaign, and the Durham investigation has something to do with him. Bill Hinman, who was the head of the SEC when President Trump was in office, did things with China that are now considered illegal because they involved cryptocurrency.

The law doesn't apply to these people. There is no safe place. All of them seem to use their power to make money and step on the people below them.

The Gateway Pundit has said before that the person in charge of the SEC was Hillary's lawyer when millions of dollars were changing hands and some of them were used to pay for the Trump-Russia lie. It seems unlikely that Hillary's CFO (Chief Financial Officer) didn't know that millions of dollars were leaving her campaign because of a lie about Trump and Russia.

The former head of the SEC also has a history that is hard to trust. William Hinman, who worked at the Securities and Exchange Commission (SEC) under President Trump, was in the middle of the cryptocurrency boom. We now know that the whole cryptocurrency market was built on illegal actions by the SEC, but no one in Congress has asked for an investigation of the SEC.

Hinman, it turns out, got a letter in January 2018 from the top SEC ethics lawyer telling him that he:

have a bar under the criminal financial conflict with Simpson because you have a continuing financial interest in the firm. You can't meet with them when you have this kind of conflict… Even calling them is against the rules.

Hinman had a stake in the company worth many millions of dollars, and it turns out that he met with Simpson in August of 2018.

The Ethereum Enterprise Alliance included the law firm Simpson Thacher (EEA). Ethereum is a form of digital money. Hinman was not allowed to talk to Etherium, but he did anyway. Gensler also put together a speech in which he said that Etherium was not a security risk. This makes Ethereum more like cash, so it doesn't have to do things that the SEC requires of investments that are hard or expensive.

(Many people think that Ethereum is a security more than XRP ever will be. XRP is used for something, but Etherium is not. XRP is meant to replace the way banks send money to each other quickly. Ethereum doesn't do this.)

Simpson Thacher was also involved in the IPO of Canaan, a Chinese company that sells software for mining Ethereum and Bitcoin.

Hinman, who used to be the head of the SEC, called cryptocurrencies like Bitcoin and Ethereum investments. This helped his interests, which were worth millions of dollars, as well as the interests of China in Ethereum and Bitcoin.

The preceding is a summary of an article that originally appeared on Gateway Pundit.

Written by Staff Reports

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