Coin

<ul class="news-points"> 
 <li><strong>FOX journalist’s tweet on the SEC vs. Ripple XRP ruling ignites Twitter debate.</strong></li> 
 <li><strong>Top crypto figures clarify XRP secondary sales.</strong></li> 
 <li><strong>John Deaton absolves the judge, citing Congress and SEC for inconsistencies.</strong></li> 
</ul> 
<p>The recent SEC vs. Ripple XRP ruling continues to stir discussions among experts in the crypto community. Charles Gasparino, FOX Business Senior Correspondent, sparked a Twitter debate when he suggested that the ruling was not Judge Torres’ first “trip to crazy town.”</p> 
<p>Prominent crypto figures, including John Deaton, Bill Morgan, and Dave Weisberger, CEO of CoinRoutes, contested Gasparino’s legal analysis.</p> 
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   <p lang="en" dir="ltr">Charles, your legal analysis is wrong. My friend <a href="https://twitter.com/JohnEDeaton1?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@JohnEDeaton1</a> can explain why in detail, but the gist is:<br><br>XRP used to directly FUND Ripple is an investment contract, but secondary trades on anonymous exchanges is more like sales of ORANGES than the groves under Howey.</p>— Dave Weisberger (@daveweisberger1) <a href="https://twitter.com/daveweisberger1/status/1683109348992589826?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 23, 2023</a> 
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<p>Weisberger contended that while XRP used to fund Ripple directly could be considered an investment contract, secondary trades on anonymous exchanges could not. He likened the latter to sales of oranges rather than the entire groves <a href="https://coinedition.com/bill-morgan-the-sec-stretching-the-howey-test-in-case-vs-ripple/" rel="noopener noreferrer nofollow">un…</a></p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/crypto-lawyers-absolve-judge-torres-of-blame-in-the-xrp-ruling/">Crypto Lawyers Absolve Judge Torres of Blame in the XRP Ruling</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Crypto Lawyers Absolve Judge Torres of Blame in the XRP Ruling

Coin Edition

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