“Is it April Fools Day?”: Ripple CLO Shades Bill Hinman Following His Promotion at a16z

Ripple CLO, Stuart Alderoty takes a swipe at former SEC official Bill Hinman after his promotion to Advisory Partner at a16z.

Ripple’s Chief Legal Officer (CLO) Stuart Alderoty has taken to X (formerly Twitter) to react to a post about VC firm Andreessen Horowitz (aka a16z) promoting former SEC official Bill Hinman.

XRP Community Member Announces Hinman’s Promotion

tweet

Per screenshots attached to the tweet, a16z highlighted Hinman’s past achievements during his time as director of SEC’s Corporation Finance.

“Bill spearheaded the SEC’s early work with digital assets, and made critical contributions that provided clarity to companies operating in the space,”  an excerpt from the screenshot read.

Ripple CLO Reacts

Interestingly, Alderoty joined other XRP community members in reacting to the post. Alderoty enquired whether it was April Fools’ Day.

He provided a caption that a16z could have used to describe Hinman’s role at the SEC.

this read ‘While a public servant at the SEC, he collected $15 million from his old firm, ignored the law, and created even ‘greater confusion’ for the crypto industry…,” he tweeted.

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