Guest Posted June 15, 2021 Share Posted June 15, 2021 3 minutes ago, Troote said: Why is that a good news? I am not really looking forward to seeing Ripple wiggle out of this lawsuit because of technicalities. If they are truly guilty of what they are accused of, I actually want Ripple to lose and be permanently stopped from abusing investors. If the lawsuit concludes without actually addressing the accusations that the SEC raised, I would qualify this as a bad news rather than a good one. Frankly I think that’s the likely scenario. A settlement or a win on Fair Notice. I personally don’t see why this defence is a technicality. If the former commissioners claimed ETH, which has raised money through a public ICO, dumped on investors at the peak of last bull cycle (as confessed by Vitalik), demonstrated complete centralised control of the network when they did a hard fork during the hack, how is that not going to be perceived as anything other than lack of fair notice ? Again, I’m not defending Ripple here. Just that the law better apply uniformly across all crypto. If not, there’s going to be a lot of lawsuits against the SEC. Link to comment Share on other sites More sharing options...
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