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XRP Lawsuit: Amici Curiae Attorney Claims to have Critical Evidence about Community’s XRP Holdings

source-logo  coingape.com 22 November 2021 07:05, UTC

The market is in upheaval with Attorney John E Deaton’s latest tweet about his claims on holding “objective empirical evidence” proving that the majority, amounting to approximately 60% of XRP Holders were unaware of Ripple when they had invested in the token for the first time. Henceforth, according to the Howey Test, it is almost impossible to ascertain that the XRP community was “relying on the promises and inducements of a promoter or company they’re oblivious to”. The SEC is required to answer the crux of the matter, i.e., Why does XRP hold the securities status, by December 6, 2021, making it one of the most critical dates of judgment for XRP holders. 

coingape.com