- An intriguing discovery has emerged in the ongoing legal dispute.
- Pro-XRP lawyer John Deaton has brought attention to this overlooked revelation.
- Statement suggests XRP may not have met Howey Analysis criteria.
An intriguing discovery has emerged in the ongoing legal dispute between Ripple and the United States Securities and Exchange Commission (SEC), highlighted by prominent pro-XRP lawyer John Deaton.
Deaton took to Twitter on May 22 to draw attention to a seemingly insignificant footnote tucked away in a Ripple legal document. This revelation suggests that XRP, the digital asset at the center of the lawsuit, was a topic of discussion “between SEC staff prior to the Hinman speech.”
XRP Not a Security According to SEC’s Internal Deliberations
The significance of this finding cannot be understated, as internal deliberations within the SEC regarding the classification of XRP as a security could…
