gamblin310

In its motion to dismiss the lawsuit, Ripple argued that a law protected them from being sued since XRP had been offered to the public more than three years before the lawsuit was filed. (before August 5, 2016) The judge agreed that this law would protect Ripple, but based on the limited evidence before her, she ruled that Ripple didn’t offer XRP to the public before August 5, 2016. In a motion to dismiss, the judge only considers what the plaintiffs have alleged, and treats everything they said as true. But her opinion could change once all the facts are presented. Indeed, in her ruling on Ripple’s motion to dismiss, she wrote: "The court cautions that, once the parties have developed a factual record, it may revisit its determination on whether [Ripple] made their first bona fide XRP offer to the public before or after August 5, 2016." (Page 19, Line 4) XRP was trading on public exchanges long before 2016, so it seems inevitable that she will eventually throw out the case.

It's pretty simple you guys. They have 450+ customers, they just don't want to announce it yet. Somebody jumped the gun.

Yes, people will make money! The horror!

You guys don't understand how IPO's work. The company issues ADDITIONAL shares and sells them in the IPO. It doesn't mean the management team sells their own shares to the public.

If Ripple is looking to IPO in the next 12 months, they must expect regulatory certainty to be achieved this year.

@brjXRP17 makes it sound like the judge would rule today in his Ripple Lawsuit Tracker post.

Ripple was valued at $10 billion in its last funding round. I wonder what R3 is worth.

Do you have a legal background?

So oral arguments about Ripple's motion to dismiss the lawsuit are today. When can we expect the judge to rule on this?

Was wondering if anyone has an opinion on the new Tzero exchange and wallet. Tzero claims their wallet is more secure since they don't have possession of your private keys; everything is stored on your cell phone. They say they have a proprietary way to recover your crypto if you lose your phone. But isn't this actually less secure than a traditional exchange since a hacker just needs to compromise your cell phone? How likely is that? Right now they're just trading Bitcoin and ETH, but they say they're adding more assets soon... XRP seems like the next logical step.

Haha Western Union CEO left out in the cold.

No XRP, but they have listed Zcash of all things. Discuss.

Which banks are they partnered with?

Also, Trump told me he will have "yuge" announcement about XRP once we reach 2,000 signatures for the Token Taxonomy Act. Sign now! https://www.change.org/p/congress-pass-the-token-taxonomy-act-to-keep-america-at-the-forefront-of-blockchain-innovation

This is great news! Let's all celebrate by signing the petition for the Token Taxonomy Act! https://www.change.org/p/congress-pass-the-token-taxonomy-act-to-keep-america-at-the-forefront-of-blockchain-innovation