John E Deaton
John E Deaton|Mar 13, 2025 17:42
Three things the folks at the SEC should read: 1) @giancarloMKTS aka Crypto-Dad’s 2018 law article concluding XRP is NOT a security. Giancarlo is Former Chairman of the @CFTC and therefore, knows what a commodity is. 👇 https://www.forbes.com/sites/michaeldelcastillo/2020/06/17/xrp-isnt-a-security-declares-former-cftc-chairman/ 2) SEC enforcement lawyers wrote an XRP Howey analysis, dated June 13, 2018, and did NOT conclude XRP was a security or recommend an enforcement action or cease and desist against @Ripple, @bgarlinghouse or @chrislarsensf. 3) Former SEC Commissioner Joe Grundfest’s December 2020 letter to Jay Calyton, @HesterPeirce, Bill Hinman and the other commissioners and Directors at the SEC, pleading with them that XRP should NOT be treated any differently from ETH and if they did, it would call into question the SEC’s Official’s discretion and motive. 👇 https://www.crypto-law.us/wp-content/uploads/2021/12/FOIA-12092020-Grundfest-Ltr-to-SEC-Commsnrs-Copy.pdf
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