Empower Oversight has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) for withholding a report on crypto-related issues, completed over a year ago. The report addresses ethical conflicts within the agency, notably involving former SEC official William Hinman.
Tristan Leavitt, president of Empower Oversight, highlights the importance of transparency to rebuild trust in the SEC’s role as a financial watchdog, particularly given the public’s concerns about inconsistent enforcement in the crypto industry.