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The post John E. Deaton: SEC mistakenly charged Ripple’s CEO! appeared first on Coinpedia Fintech News
John E. Deaton, a well-known lawyer in the crypto world, argues that the US SEC mistakenly charged Ripple CEO Brad Garlinghouse with aiding and abetting. Deaton believes that testimony from former SEC officials Bill Hinman and Jay Clayton would have categorized XRP as a non-security much earlier, but the SEC declined it for years. Clayton should testify in court as a significant eyewitness to save time and money, increase adoption, and clarify the legal status of XRP. The SEC still seeks to overturn Judge Torres’ ruling that XRP is not a security.
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