A new report from the SEC's Office of Inspector General finds no wrongdoing on Bill Hinman's part, despite accusations of conflicts tied to his 2018 Ethereum speech.
Hinman's relationship with his former law firm, Simpson Thacher, was questioned, but the report concluded he followed ethics protocols and disclosed financial interests.
Critics claim red flags are overlooked in the report, including Hinman's involvement in crafting the Ethereum speech and potential financial entanglements.
The controversy adds to the ongoing calls for reform around crypto regulation and ethics enforcement in the SEC.