2024

<ul class="news-points"> 
 <li>Stuart Alderoty slams SEC for their ‘laughable’ analogy of an ecosystem of oranges for cryptocurrencies.</li> 
 <li>When the SEC marked Bitcoin as a non-security, the reason put forward was that Bitcoin doesn’t own a network.</li> 
 <li>John Deaton criticizes the SEC, stating that are not stupid, but they lack integrity.</li> 
</ul> 
XRP advocate John Deaton, who has gathered attention with his fierce <a href="https://coinedition.com/john-deaton-and-ripple-cto-shun-gary-genslers-regulation/">comments</a> against the <a href="https://coinedition.com/tag/sec/">Securities and Exchange Commission (SEC)</a>, has reinforced his discontent with the regulators’ policies. In a recent X post, Deaton asserted that the SEC is not “stupid” but “just lack[s] integrity.” 
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 We know the same argument equally applies to buying <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#BTC</a> Guess what the SEC lawyer said about buying <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> – and why it’s not a security? He said <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#BTC</a> doesn’t have a network. SEC enforcement lawyers are not that stupid. They just lack integrity. It’s as if they “lack a… <a href="https://t.co/vGV4sdmmaQ" target="_blank" rel="nofollow">https://t.co/vGV4sdmmaQ</a>— John E Deaton (@JohnEDeaton1) <a href="https://twitter.com/JohnEDeaton1/status/1748437798623785175?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">January 19, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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Deaton’s tweet came in response to a post <a href="https://x.com/s_alderoty/status/1748363495618248713?s=20" target="_blank" rel="nofollow">shared</a> by Stuart Alderoty, the Chief Legal Officer at Ripple. On January 19, Alderoty criticized the commission for their “laughable” legal arguments, referring to the hi…
The post <a href="https://coinedition.com/xrp-lawyers-laugh-at-the-secs-analogy-for-crypto-investment/">XRP Lawyers Laugh at the SEC’s Analogy for Crypto Investment&nbsp;</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

XRP Lawyers Laugh at the SEC’s Analogy for Crypto Investment

Coin Edition

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