Crypto Lawyers Absolve Judge Torres of Blame in the XRP Ruling
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- FOX journalist’s tweet on the SEC vs. Ripple XRP ruling ignites Twitter debate.
- Top crypto figures clarify XRP secondary sales.
- John Deaton absolves the judge, citing Congress and SEC for inconsistencies.
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.”
Prominent crypto figures, including John Deaton, Bill Morgan, and Dave Weisberger, CEO of CoinRoutes, contested Gasparino’s legal analysis.
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 un…
The post Crypto Lawyers Absolve Judge Torres of Blame in the XRP Ruling appeared first on Coin Edition.
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