Within the ongoing authorized dispute between the Securities and Change Fee (SEC) and Ripple, distinguished legal professional John E Deaton has raised compelling arguments in opposition to the SEC’s classification of digital belongings as securities. Deaton asserts that labeling tokens as securities is intellectually lazy and constitutionally questionable, drawing consideration to the evolving nature of digital belongings in right this moment’s our on-line world.
In response to the legal professional, digital belongings are merely traces of code present within the realm of our on-line world.
