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John Deaton, representing XRP token holders, has raised new questions regarding a secret memo that was an explanation given by a legal advisor appointed by the SEC to William Hinman, former director of the SEC's Division of Corporation Finance.
Deaton explained that XRP can be proven not to be a security in many aspects, making the Howey memo crucial evidence for discovery. Deaton questions why this document hasn't been publicly released, suggesting that the SEC officials may want to conceal it because it could be unfavorable to their own case.
What do you think about it? How will it affect XRP's trends?
Deaton explained that XRP can be proven not to be a security in many aspects, making the Howey memo crucial evidence for discovery. Deaton questions why this document hasn't been publicly released, suggesting that the SEC officials may want to conceal it because it could be unfavorable to their own case.
What do you think about it? How will it affect XRP's trends?
