The post John Deaton Weighs In: Howey vs. Ripple Shakes Market, XRP Falls 2% appeared first on Coinpedia Fintech News
Monday saw a significant twist in the cryptocurrency regulatory saga, as Judge Jed Rakoff of the U.S. District Court for the Southern District of New York rejected the dismissal motion by Terraform Labs in a lawsuit brought by the U.S. Securities and Exchange Commission (SEC). Rakoff dismissed the precedent set by the recent Ripple Labs …