Ripple CTO Reacts to Ethereum Co-founder's Push for Blockchain Legal Protection

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Ripple CTO Reacts to Ethereum Co-founder's Push for Blockchain Legal Protection
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Ripple CTO comments on Ethereum co-founder's call for blockchain 'legal protection' JoelKatz VitalikButerin XRPCommunity XRPArmy

Last year, Ethereum creator Vitalik Buterin infuriated the XRP community after he said that the sixth largest cryptocurrency had lost its right to protection when Ripple tried to paint Ethereum as being"China-controlled."

This follows after Buterin criticized Ripple in December 2020 for"sinking to new levels of strangeness" by attempting to characterize Bitcoin and Ethereum as"China-controlled."Meanwhile, in a positive twist regarding the Ripple-SEC lawsuit, John Deaton, the founder of CryptoLaw, discovered evidence in SEC internal emails that suggests there are good reasons to believe that XRP does not meet all of the requirements of the Howey Test and may not be considered a security.

Additionally, the court recently rejected the SEC's request to seal documents belonging to former SEC employee William Hinman that contained a 2018 lecture in which Hinman claimed Ethereum was not a security.

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