Deaton Says SEC Engages In Unconstitutional Expansion of Howey Test

Attorney Deaton slams the U.S. SEC for engaging in an unconstitutional expansion of the Howey test, adding that it violates the law. Pro-XRP lawyer John Deaton supports Coinbase Chief Legal Officer Paul Grewal for saying the SEC is violating the law. In a tweet yesterday, Grewal said the SEC’s interpretation of investment contracts violates the The post Deaton Says SEC Engages In Unconstitutional Expansion of Howey Test first appeared on The Crypto Basic .