• John Deaton critiques SEC’s view on common enterprise factors in the XRP case.
• SEC argues Judge Torres made an error in her XRP ruling.
• Deaton believes the common enterprise factor is even more challenging for the SEC to establish.

In response to the recent US regulator filing in the Do Kwon lawsuit, John Deaton, a pro-XRP lawyer, critiqued the agency’s stance on the common enterprise factor in the XRP case, hinting at a potential appeal.

The Securities and Exchange Commission (SEC) argued that Judge Analisa Torres made an error in her XRP ruling and expressed the likelihood of appealing the decision. According to Deaton, the common enterprise factor is even more challenging for the SEC to establish than the third factor of the Howey test, which has been a crucial element in determining whether an investment qualifies as a security.

The post Deaton Challenges SEC Common Enterprise Theory After Lawsuit Response appeared first on Coin Edition.

• John Deaton critiques SEC’s view on common enterprise factors in the XRP case.
• SEC argues Judge Torres made an error in her XRP ruling.
• Deaton believes the common enterprise factor is even more challenging for the SEC to establish.

In response to the recent US regulator filing in the Do Kwon lawsuit, John Deaton, a pro-XRP lawyer, critiqued the agency’s stance on the common enterprise factor in the XRP case, hinting at a potential appeal.

The Securities and Exchange Commission (SEC) argued that Judge Analisa Torres made an error in her XRP ruling and expressed the likelihood of appealing the decision. According to Deaton, the common enterprise factor is even more challenging for the SEC to establish than the third factor of the Howey test, which has been a crucial element in determining whether an investment qualifies as a security.

The post Deaton Challenges SEC Common Enterprise Theory After Lawsuit Response appeared first on Coin Edition.