Ripple's general counsel smashes $XRP opponents with arguments xrpsec ripplesec ripplexrp xrp xrparmy xrpcommunity ripple
As part of his address, Alderoty once again outlined the crypto company's arguments in detail, not passing up an opportunity to take a jab at its opponents. holders. Second, says Alderoty, the SEC cannot satisfy any of the points of the Howey test, which is used to define a security. Ripple also argues that none of the points of the test can be satisfied. In addition, the regulator's reliance on examples of ICOs of various forms and types is irrelevant, he concludes.
The reason the SEC and detractors try to recast our arguments is they have no answer for the arguments we actually make.Ripple's counsel summed up his statement with the thesis that the commission is trying to twist the company's arguments, as they have no answers to the actual ones above.
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