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

• Stuart Alderoty slams SEC for their ‘laughable’ analogy of an ecosystem of oranges for cryptocurrencies.
• When the SEC marked Bitcoin as a non-security, the reason put forward was that Bitcoin doesn’t own a network.
• John Deaton criticizes the SEC, stating that are not stupid, but they lack integrity.

XRP advocate John Deaton, who has gathered attention with his fierce comments against the Securities and Exchange Commission (SEC), 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.”

Deaton’s tweet came in response to a post shared 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 XRP Lawyers Laugh at the SEC’s Analogy for Crypto Investment  appeared first on Coin Edition.