Secret

Coin

<ul class="news-points"> 
 <li>John E. Deaton questions the unexposed status of the secret Howey memo.</li> 
 <li>The Howey memo was the document handed over to William Hinman and Jay Clayton prior to the Hinman speech.</li> 
 <li>Deaton claims that the memo might have argued that XRP is not a security.</li> 
</ul> 
<a href="https://coinedition.com/tag/xrp-news/" rel="noopener noreferrer nofollow">XRP</a> lawyer John Deaton has created ripples in the crypto community with his intriguing questions on the secret “Howey memo”, a confidential note that the former SEC officials William Hinman and Jay Clayton received from the regulator’s enforcement lawyers in 2018. In a recent <a href="https://www.youtube.com/live/hPGnA2Xem4A?si=IWfU3w4YenmO7Y-o" target="_blank" rel="noopener noreferrer nofollow">video</a>, Deaton shed light on the ambiguities around the memo’s concealed status. 
On August 28, Deaton took to Twitter to provide insights on the Howey memo’s mysterious content, highlighting the possibility of its representation of Ripple’s XRP as a non-security. He also drew attention to a questionable passage of Hinman’s speech, in which Hinman acknowledged bitcoin and ether as being non-securities, while conspicuously omitting any mention of XRP, a major rival to ether at the time. 
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 Here’s the point to consider: on June 13, 2018 Clayton and Hinman receive the <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRP</a> Howey Memo <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4dd.png" alt="📝" class="wp-smiley" style="height: 1em; max-height: 1em;">, written by SEC enforcement lawyers. The Mem… 
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The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/xrp-lawyer-pinpoints-the-mysterious-nature-of-the-secret-howey-memo/">XRP Lawyer Pinpoints the Mysterious Nature of the Secret Howey Memo</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

XRP Lawyer Pinpoints the Mysterious Nature of the Secret Howey Memo

Coin Edition

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