Ripple CTO David Schwartz recently voiced his support for the company in a lawsuit filed by the Securities Exchange Commission (SEC) against cryptocurrency firm Consensys. Citing the diamond market as an example, Schwartz argued that MetaMask's efforts were not profit-driven. In his argument for Consensys, Schwartz cites the example of DeBeer, the luxury diamond company. He says MetaMask's activities do not determine users' profits, noting that DeBeer's activities are not profit-focused. "MetaMask's efforts do not determine users' profits, just as DeBeer's efforts do not determine the profits of people who own diamonds," he quotes. Schwartz further elaborated on the investment concept related to MetaMask, adding that MetaMask's profits are only the result of external market conditions and user activity, not Consensys' efforts. Moreover, when comparing tokens and securities, he argued that "tokens managed by smart contacts cannot make all holders a common enterprise."