Former SEC Official Criticizes Ripple Case Ruling as "Troublesome on Multiple Fronts"

07/16 20:25

John Reed Stark, a former Securities and Exchange Commission official, has criticized the recent ruling on Ripple Lab's case, stating that it is "troublesome on multiple fronts". Stark analyzed Judge Analisa Torres' decision from July 13, which ruled in favor of Ripple in a lawsuit brought by the SEC in 2020, alleging that the company's XRP token was a security.
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