HAL1000 Posted July 8, 2021 Share Posted July 8, 2021 (edited) https://www.crypto-law.us/the-secs-baseless-utility-argument-lacks-utility/ Under the Howey Test, an investment contract exists if there is an "investment of money in a common enterprise with a reasonable expectation of profits to be derived from the efforts of others." I had a thought, so if the SEC win and XRP is classed as a security under the Howey Test, then does that mean we are entitled to some profit sharing when Ripple does well? Also, who do we complain to if we don't get paid out? LOL Edited July 8, 2021 by HAL1000 Link to comment Share on other sites More sharing options...
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