New information has emerged in the ongoing legal battle between Ripple and the SEC, with web3 lawyer John Deaton discovering a footnote in documents that suggests the SEC discussed the possibility of XRP not meeting the requirements of the Howey test. Deaton believes this confirms what the crypto community has been saying for years, and could potentially change the dynamics and narrative of the case. While some speculate that this could hinder Ripple's chances of victory, others believe that the outcome is still promising and that Judge Torres may only fine the company for its early sale of XRP and other transactions.
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Web3 Lawyer Discovers SEC Discussion on XRP's Compliance with Howey Test in Ripple Case
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