Just when you thought the world of crypto and politics couldn’t get any more complex, Former SEC official william hinman a controversial figure in the crypto industry, is turning heads. This time, reports suggest he is aligning himself with Donald Trump’s crypto advisory board—an unexpected move given his past political leanings and regulatory stance. Hinman, who previously played a key role in shaping crypto regulations, was known for his 2018 speech declaring Bitcoin and Ethereum not securities while leaving other projects in uncertain territory. His shift toward Trump’s camp is raising eyebrows, according to Laura Loomer, a political activist and Journalist.

Hinman’s history is deeply tied to the regulatory framework that has shaped the crypto industry. His tenure at the SEC was marked by scrutiny over potential conflicts of interest, particularly due to his connections with Ethereum and financial ties to Simpson Thacher, a law firm linked to the Ethereum Enterprise Alliance. Many in the industry accused him of favoring Ethereum while leaving other cryptocurrencies in a regulatory gray area. His recent move suggests he may be trying to reposition himself within the pro-crypto scene.

Source: COINPEDIA