Popular Post HAL1000 Posted October 8, 2021 Popular Post Share Posted October 8, 2021 (edited) PDF LINK. For all those who hate reading, simply put, Ripple is asking the SEC, errrmmm, what's this case about! A good argument in the above filing is this:- "To take just one example: when one cryptocurrency exchange decided to list XRP, it obtained legal advice that XRP was not likely to be considered an investment contract under existing law, shared that analysis with the SEC, and met with the SEC to discuss the legal status of XRP. As we understand it, not once during those discussions did the SEC indicate that XRP was an investment contract." The SEC claims that 1,700 contracts were part of an ongoing securities offering, but complains that it is too burdensome for them to read and respond to each contract!!! Edited October 8, 2021 by HAL1000 Caracappa, RipMcGillicuddy, PunishmentOfLuxury and 8 others 9 2 Link to comment Share on other sites More sharing options...
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!Register a new account
Already have an account? Sign in here.Sign In Now