XRP Lawsuit News: The U.S. Securities and Exchange Commission (SEC) is allegedly pushing its limits in order to tighten its jurisdiction over the digital asset industry. However, XRP Holders’ lawyer has claimed that the SEC is filing cases against crypto firms as it wants to kill the market.
John Deaton, amicus curiae in the XRP lawsuit or XRP holders’ lawyer slammed the SEC over its approach towards the crypto market. He highlighted the commission’s alleged in its objection that all money raised by the crypto firms went into operation.
XRP lawyer is being abusive in the non fraud case against LBRY. He mentioned this directly reflecting the SEC’s approach to crypto which is to kill it. Deaton brought up the SEC vs KiK summary judgment the commission wasn’t able to get disgorgement.
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