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Published Aug 26, 2023 06:22AM ET Updated Aug 26, 2023 08:00AM ET
© Reuters.
Pro-XRP attorney John Deaton says that the United States Securities and Exchange Commission (SEC) erred in filing aiding and abetting allegations against Ripple’s CEO Brad Garlinghouse.
Deaton highlighted that testimony from former SEC officials Bill Hinman and Jay Clayton during the SEC vs. Ripple Labs case would have categorized XRP (XRP) as a non-security early on, but the agency deliberately disregarded this information for an extended period.
SEC vs. Ripple: Pro-XRP lawyer urges Clayton, Hinman testimony