Ripple Vs SEC: John Deaton Calls the SEC Out For Misusing the Howey’s Test

The post Ripple Vs SEC: John Deaton Calls the SEC Out For Misusing the Howey’s Test appeared first on Coinpedia Fintech News As the Ripple v. SEC case continues to […]

The post Ripple Vs SEC: John Deaton Calls the SEC Out For Misusing the Howey’s Test appeared first on Coinpedia Fintech News
As the Ripple v. SEC case continues to unfold, the crypto lawyer and XRP fan John Deaton have accused the Securities and Exchange Commission of abusing Howey’s test in its lawsuit against Ripple, the company that issues XRP. An asset’s eligibility as an investment contract, and hence its subjectivity to federal security regulations, is established …