CLAYTONZZ

Jay Clayton

Jay Clayton is a former chairman of the United States Securities and Exchange Commission (SEC) who made waves by dropping a lawsuit on Ripple Labs on his last day at the agency.

Soon after leaving the SEC, Clayton joined the private equity firm Apollo Global Management, an investor in the nascent crypto industry with a vested interest in Ethereum. This move raised concerns of potential corruption, as it appeared that Clayton’s decisions at the SEC were influenced by personal interests, potentially compromising the integrity of the government agency and the regulatory process.