Nancy Wojtas of Cooley LLP, who participated in the drafting of the Venture Capital Working Group proposals to the SEC in March 2018, disagrees with William Hinman that ether is sufficiently decentralized to not be a security. Co-panelist Wendy Moore of Perkins Coie adds: “Then why isn’t Ripple?”

Wojtas continues her criticism of Hinman’s actions: “There is no question. Ethereum violated the law in the SEC’s view when it issued its tokens…but then [Hinman] said, look, the securities laws don’t add anything now because ether is decentralized.”

Source: @digtalassetbuy