#hinman

Prince Harry is in Manchester today to visit organisations and projects which are working to support sections of the city's community.

Prince Harry begins the day visiting the Walking With The Wounded training house in Canada Street. The street has residences and a @supportthewalkhub for ex-service personnel making the transition back to civilian life.

After joining a discussion on how the city can best provide support for ex-personnel, HRH then met other residents who live on the street.

HRH visits the NHS Manchester Resilience Hub, which provides mental health services for people affected by the Manchester Arena Attack.

The @PennineCareNHS mental health professionals working here have expertise in dealing with patients experiencing trauma. The Hub is based in Manchester but is for everyone who was affected, wherever you may live.

With the cryptocurrency community still analyzing the details of the controversial speech and the later deposition of former division director at the United States Securities and Exchange Commission (SEC) William Hinman, the key people on Ripple’s team have shared their additional observations. As John E. Deaton, the legal expert and amicus curiae for the blockchain company, pointed out, the…

XRP Allegedly Attacked By SEC's Hinman For Ethereum's Benefit

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The legal battle between Ripple and the Securities and Exchange Commission (SEC) has taken a new twist as top lawyers accuse former SEC Director William Hinman of being paid to attack XRP in favor of Ethereum (ETH). 

Following the release of Hinman’s emails and drafts of his June 2018 speech, pro-XRP attorney John Deaton expressed his frustration with the intent of the released documents on a recent live CryptoLaw podcast. 

Payments To Disparage XRP In Favor Of Ethereum?

Jeremy Hogan, lawyer and cryptocurrency expert, also weighed in on the matter alleging that former SEC Director of Corporate Finance, Bill Hinman, was paid to give a speech in which he declared that Ethereum was not a security. 

According to Hogan, Ripple, a leading cryptocurrency company, has suggested that Hinman was paid by the Ethereum Foundation or someone related to Ethereum to give the speech and give Ethereum a free pass.

Hogan’s claims are based on email exchanges between Hinman and his colleagues, which reportedly show that Hinman had already named his first email “the Ether speech” before he began crafting the speech. 

This, according to Hogan, suggests that “right from the get-go”, Hinman is saying that ETH is not a security, and that was the point of him making the speech.

Hinman’s speech, which was delivered in 2018, was seen by many in the cryptocurrency industry as a landmark moment in which the SEC effectively declared that Ethereum was not a security. 

This was seen as a significant victory for Ethereum and the wider cryptocurrency industry, as it provided clarity on how the SEC would regulate cryptocurrencies.

However, Hogan has suggested that the speech was not only a free pass for Ethereum but also an attack on XRP, which was at the time Ethereum’s biggest competition. Hogan’s claims are based on Ripple’s ongoing legal battle with the SEC, in which Ripple has argued that XRP is not a security and should not be regulated as such.

Hogan’s allegations are likely to fuel speculation about the relationship between the SEC and the cryptocurrency industry, and the extent to which the SEC’s decisions are influenced by external factors. However, it is important to note that Hogan’s claims are based on speculation and have not been proven.

XRP’s attempt to reach the $0.500 line on the 1-day chart. Source: XRPUSDT on TradingView.com

At present, the value of XRP stands at $0.4731, indicating a marginal recovery of 0.6% over the past day. This comes after a dip to $0.4564 on Wednesday. Despite the recent drop, XRP enthusiasts remain optimistic and are looking forward to a positive outcome that could potentially boost the cryptocurrency’s price to a new yearly high, surpassing the $0.5833 mark hit in May. 

This could position XRP, the sixth largest cryptocurrency on the market, in a favorable position to reach the $1 milestone.

Featured image from Unsplash, chart from TradingView.com

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