Ripple v. SEC: CryptoLaw Founder Responds to XRP Haters About SEC's 'Security' Argument

and a famous XRP enthusiast who has been closely following the Ripple-SEC case and sharing updates and his opinions on it regularly, has taken to Twitter to share his take on another XRP-SEC-related issue.

Deaton responded to XRP haters that he has been encountering on Twitter recently, who claim that the SEC is right and believe that"XRP is clearly a security."Deaton tweeted that"all these XRP haters" who have been tweeting that the SEC will easily win the lawsuit against Ripple cannot provide a sensible answer why XRP is definitely a security in their views.

The CryptoLaw founder pointed out the fact that the regulator could have easily picked on Ripple for the same reason back in 2018, when SEC lawyers made a thorough analysis of the token Ripple Labs works with. The memo was dated June 13, 2018. I hear all these XRP haters say the case is so simple and easy for the SEC and that XRP is clearly a security, but no one has an answer. If XRP was so clearly a security why didn't the SEC order Ripple to stop selling it after SEC enforcement lawyers analyzed it in June 2018?

JohnEDeaton1 SECGov XRP haters will be surprised soon... very soon....

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