Crypto lawyer and XRP supporter John Deaton says that the U.S. Securities and Exchange Commission (SEC) is moving in the wrong regulatory direction at the expense of retail investors.
Crypto lawyer and XRP supporter John Deaton says that the U.S. Securities and Exchange Commission (SEC) is moving in the wrong regulatory direction at the expense of retail investors.
Deaton tells his 263,500 Twitter followers that SEC officials have had more than enough time to create greater regulatory clarity around cryptocurrencies.
He highlights how years ago former SEC officials made statements making it seem that XRP and similar digital assets would not be considered securities. But that question now remains the subject of debate and litigation.
