John Deaton Says the Ripple vs. SEC Outcome Will Impact All Coins By CoinEdition

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John Deaton Says the Ripple vs. SEC Outcome Will Impact All Coins

Cryptocurrency Jan 18, 2023 09:00AM ET

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John Deaton Says the Ripple vs. SEC Outcome Will Impact All Coins

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CryptoLaw founder John E Deaton says if the SEC wins, then all coins are in danger.

Deaton believes that SEC’s complaint claims are like saying oranges are securities.

Ripple vs.SEC case has been dragging for over two years.

John E Deaton, the founder of CryptoLaw, shared his insights on why the SEC vs. Ripple case could put every coin in danger. He dropped a YouTube video stating why he believes the win for the SEC is not a positive thing for the cryptocurrency industry. He also mentioned that he and 75k of his closest friends have known it for some time.

Stuart Alderoty, general counsel at Ripple, also tweeted that the experts would agree about the significant impact on cryptocurrency’s future in the US depending on the outcome of the ongoing case.

I’m sure you noticed, but me and 75K of my closest friends have known for some time. https://t.co/88PgXCMZTZ
— John E Deaton (@JohnEDeaton1)

The post John Deaton Says the Ripple vs. SEC Outcome Will Impact All Coins appeared first on Coin Edition.

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