• Written by: Lipika Deka
  • Mon, 08 Aug 2022
  •   Estonia

Ripple’s attorney John E Deaton has expressed concern over the U.S. Securities and Exchange Commission’s [SEC] unlawful expansion of the Howey Test. As mentioned above, in categorizing the tokens as a security, the SEC’s complaint cites the Howey Test, under which a digital asset, including a “crypto asset security” will be deemed security “if it constitutes […]

Ripple Lawyer Concern Over SEC’s Misuse Of The Howey Test