Ripple vs SEC Judge Reveals ‘Torres Doctrine’, But What Does This Mean?
Judge Torres applies the Howey Test to #blockchains technology in the Ripple case, creating the "Torres Doctrine."
#crypto law expert John Deaton supports the decision, highlighting its significance in upholding court authority.
The ruling marks a major shift in cryptocurrency legal interpretation and challenges the #SEC's claims.
In a landmark legal decision, Judge Torres established the “Torres Doctrine,” applying the 1946 Howey Test to modern-day blockchain technology in the Ripple case. The verdict has been met with approval from lawyers within the crypto industry, most notably, john e deaton , the founder of CryptoLawUS.