TechFlow reported that Ripple's attorney John E. Deaton believes the U.S. SEC wrongly charged Ripple CEO Brad Garlinghouse with aiding and abetting. Deaton argues that former SEC officials Bill Hinman and Jay Clayton's testimonies long ago classified XRP as a non-security, but the SEC has refused to do so for years. Clayton should testify as a key witness to save time and money, boost adoption, and clarify XRP's legal status. The U.S. Securities and Exchange Commission is still seeking to overturn Judge Torres' ruling that XRP is not a security.
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