Opinion: SEC may sue Twitter over DOGE payments

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A lawyer defending the interests of XRP owners suggested that the US Securities and Exchange Commission (SEC) could sue billionaire Elon Musk for integrating DOGE cryptocurrency payments on Twitter. John Deaton tweeted that the regulator could classify the meme cryptocurrency as an unregistered security. Yes, the lawyer noted, his assumption may seem ridiculous, but with today’s leadership of the SEC, this may well become a reality. Deaton’s comments come after media reports that Elon Musk plans to boost Twitter revenue with crypto payments. The company has already started developing software and applying to regulators for licenses. These publications have led

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Author: NixCoin

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