xerxesramesepolybius Posted January 25, 2021 Share Posted January 25, 2021 https://unchainedpodcast.com/the-secs-lawsuit-against-ripple-and-2-execs-what-you-need-to-know/ Stephen Palley, partner at Anderson Kill. and Gabriel Shapiro, partner at BSV Law, discuss the SEC’s lawsuit against Ripple and two executives, Chris Larsen and Bard Garlinghouse. In this episode, they explain: what was so “egregious” that the SEC went after two executives, Chris Larsen and Brad Garlinghouse, were charged why their sales showed an information asymmetry, and why that matters why the complaint comes close to being a fraud case, but why the SEC didn’t charge them with fraud why the idea that XRP is a currency and therefore cannot be a security will likely not fly why it’s unlikely the case will go to the Supreme Court the SEC’s case for why XRP is a security, and Ripple’s role in it how even on a technical level, the XRP network is centralized how strong the SEC’s case is against Larsen and Garlinghouse Stephen’s and Gabriel’s predictions on how the lawsuit will play out how this will likely impact XRP investors whether or not Ripple could become an SEC-reporting company and XRP a security what happened with Ripple’s lead investor in its most recent fundraising round whether or not the SEC might go after exchanges or other players who made money off XRP or collaborated with Ripple around XRP trading what this means for Coinbase, in particular, because it’s going public later this year what Ripple’s defense, in its summarized Wells submission, was how this case compares to some of the other big SEC/crypto securities cases, Kik/Kin and Telegram whether there might ever be a digital token that is determined to be a security for specific transactions but not others what the wider implications of the case are for the rest of the crypto industry OzAlphaWolf, FOOD, ChuckN and 3 others 3 3 Link to comment Share on other sites More sharing options...
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