Michael Arrington Questions SEC’s Case Against Ripple and XRP, Says Howey Test Outdated and Ridiculous

TechCrunch founder Michael Arrington is giving his take on the U.S. Securities and Exchange Commission’s (SEC) case against Ripple. In a new interview with Layah Heilpern, Arrington addresses the Howey test, which was established in a Supreme Court case and determines whether certain transactions qualify as investment contracts subject to securities laws. According to the SEC, […]The post Michael Arrington Questions SEC’s Case Against Ripple and XRP, Says Howey Test Outdated and Ridiculous appeared first on The Daily Hodl.