The U.S. Securities and Exchange Commission (SEC) has landed under the scrutiny of key digital asset industry leaders over its latest filed lawsuits. Meanwhile, the SEC chair and other officials have been hesitant to comment on it.
SEC delaying investigation?
Hester Peirce, SEC commissioner in an interview refused to answer about certain activities that happened in the commission.
On being asked whether there has been anything happened at the SEC for which you can be a whistleblower, Commissioner replied that “I just can’t answer that”.
John Deaton who is representing the XRP holders in the Ripple vs SEC lawsuit took a dig at this comment. He said that nothing is stopping the SEC commissioner and from anyone answering that.
He added that Peirce can say that she is not suggesting that anyone did something wrong. However, there can be no harm come from launching inquiries over some conflicts. If somehow certain laws were broken or mistakes were made then the commission can learn from it.
