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Home»ETHEREUM NEWS»Warren Rival in Senate Race John Deaton Claims Coinbase in U.S. SEC Challenge
ETHEREUM NEWS

Warren Rival in Senate Race John Deaton Claims Coinbase in U.S. SEC Challenge

By Crypto FlexsApril 27, 20241 Min Read
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Warren Rival in Senate Race John Deaton Claims Coinbase in U.S. SEC Challenge
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“The Howey test is a transaction-by-transaction analysis,” Deaton argued. “There are thousands of digital assets and thousands, sometimes millions, of transactions taking place on various blockchains. This inconvenient reality has led the SEC to adopt an unconstitutional shortcut that effectively says that all transactions in tokens violate the securities laws.”

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