Judge Amy Berman Jackson’s recent comments in the SEC v. Binance case have shed new light on the SEC v. Ripple decision. Pro-XRP lawyer Bill Morgan highlighted key points from Judge Jackson’s ruling, which could have far-reaching effects on the crypto community.
Here’s why Judge Torres’ observations in the Ripple case are now seen as more convincing than ever
Judge Jackson’s Support for Ripple Case Ruling
Judge Amy Berman Jackson, in her ruling on the SEC v. Binance case, provided important insights that support the SEC v. Ripple decision. She found Judge Torres’ observations on the nature of the token itself to be “clarifying and persuasive.” This support suggests that Judge Torres’ interpretation is gaining acceptance among judges.
One of the most debated issues in crypto regulation is the application of the Howey Test, especially the third part, which looks at the expectation of profits based on the efforts of…
