This article discusses Ripple’s legal battle with the SEC and the argument made by Ripple’s CTO regarding the SEC’s shift in language. Lawyer Bill Morgan points out a change in the SEC’sphrasing from “selling digital asset securities” to “crypto assets offered and sold as securities” in a settlement involving Bittrex. Ripple’s CTO argues that labeling something as a security does not necessarily classify it as such, citing the Howey case. The outcome of this case could have significant implications for cryptocurrency regulations.
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