The lawyer of XRP owners, John Deaton, criticizes the position of the Sec

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Der Fall zwischen der US-amerikanischen Securities and Exchange Commission (SEC) und Ripple läuft weiter und wartet auf ein Urteil, von dem einige schätzen, dass es relativ bald kommt. Allerdings hat John Deaton, ein Anwalt, der Tausende von XRP-Inhabern vertritt, kürzlich einen Twitter-Thread überprüft und ihm zugestimmt, in dem die Position der SEC kritisiert wird. Obwohl dies zu erwarten ist, ist es interessant, sich einige der fraglichen Argumente anzusehen. Krypto-Anwälte können beispielsweise viel Geld verdienen RippleWenn es sich um komplizierte Sachverhalte handelt, wenden Sie sich bitte an die Anwälte von . Aber das macht die Angelegenheit nicht kompliziert und ist keine …
The case between the US Securities and Exchange Commission (Sec) and Ripple continues and is waiting for a judgment that some estimate that it will be relatively soon. However, John Deaton, a lawyer who represents thousands of XRP owners, recently checked a Twitter thread and approved him in which the position of the Sec is criticized. Although this is to be expected, it is interesting to look at some of the arguments in question. For example, crypto lawyers can earn a lot of money Ripplenwenn it is complicated issues, please contact the lawyers of. But that doesn't make the matter complicated and is not ... (Symbolbild/KNAT)

The case between the US Securities and Exchange Commission (Sec) and Ripple continues and is waiting for a judgment that some estimate that it will come relatively soon.

However, John Deaton, a lawyer who represents thousands of XRP owners, recently checked a Twitter thread and agreed to him in which the position of the SEC is criticized. Although this is to be expected, it is interesting to look at some of the arguments in question.

crypto lawyers, for example, can earn a lot of money Ripplewenn it is complicated facts, please contact the lawyers from. But that doesn't make the matter complicated and is not a good public order. Rippleder case is actually not that difficult. It just raises two real questions.

- Sandy Seth (@Cryptodukeji) 19. June 2023

  • A patent attorney brought it on Twitter to explain his opinion Ripple against Sec and claimed that it was really not so complicated.
For example,

crypto lawyers can earn a lot of money ripple lawyers from S if the facts in question are met. But that doesn't make the matter complicated and is not a good public order. Rippleder case is actually not that difficult. It just raises two real questions.

  • The questions themselves are according to the legal representative: 1. Howey (with reference to the Howey test) did the need for an investment contract to actively prove a participation in the company, or have the Howey factors also taken into account in addition to this basic requirement? A security and 2: Has XRP itself or one of them rippledie XRP purchase contracts from ’s meet all the requirements of an investment contract.
  • According to the right -wing expert, the answer to the first question is: "Howey has summarized the right of the investment contracts, whereby the contracts must clearly have to meet all requirements."
  • The answer to the second question is: "XRP itself or something of it Ripple’s XRP purchase contracts with XRP secured the buyer any financial participation in every joint company."
  • The thread continues and provides some examples and comparisons that further deepen the above conclusions.
  • John Deaton admitted to being one of the "lawyers who discuss unnecessary topics". However, he also said:

The comment doesn't matter to me because I agree with it. Unfortunately, you are forced to do so if the SEC represents the position that "the traded XRP, also on the secondary market ... represents the investment contract".

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