Former SEC official Daniel Michael and a group of legal experts comment on the Ripple ruling, emphasizing that the Howey test was not designed to address secondary market trades between anonymous buyers and sellers.

Read more on: https://thecryptobasic.com/2023/12/07/ex-sec-official-comments-on-ripple-ruling-says-howey-test-wasnt-designed-to-address-secondary-market-sales/

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