Deaton will argue that the small number of plaintiffs in the case cannot fairly represent the many who disagree with them, including XRP holders in places where XRP is not considered a security.
"Sorry, Zakinov doesn’t speak for me. When I first bought XRP, I was looking at what FinCen called it which they said it was a virtual currency. Thank you John Deaton for stepping in," XRP investor Jeffrey Miller commented inThe debate over whether XRP is a security has been ongoing for a long time and remains a contentious issue. The outcome of the Zakinov v. Ripple case could have a significant impact on the future of XRP and the broader cryptocurrency industry.
The U.S. Securities and Exchange Commission's own lawsuit, which alleges that Ripple violated securities laws with its XRP sales, gave the plaintiffs additional ammo in their own case against the controversial company.
JohnEDeaton1 I wonder where this investor get his sponsorship from, can bet you the SECGov is his backup
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