Pro-XRP Lawyer Declares Victory As Judges Dismiss SEC’s Crypto Stance

Quick Summary:

In a series of pointed criticisms leveled against the US Securities and Exchange Commission (SEC), pro-XRP lawyer Bill Morgan has highlighted what he views as repeated judicial victory against the SEC’s approach to crypto regulation by enforcement.

Orrick’s statement was particularly striking: “Orange groves are no more securities than cryptocurrency tokens are,” he said.

His remarks draw on several recent cases where federal judges have questioned the SEC’s stance that digital tokens such as XRP constitute securities.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets: Hungary

Topics: Pro-XRP lawyer US Securities and Exchange Commission SEC XRP XRP news Ripple XRP price Crypto news

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-30 @ 08:30:29 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 470 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22306293

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Official Website: bitcoinist.com

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