ourlifeintoronto@kbin.social to cryptocurrency@lemmy.ml · 1 year agoRipple's open market sales of XRP cryptocurrency aren't securities, court rules in landmark decisionfortune.comexternal-linkmessage-square3fedilinkarrow-up110arrow-down10file-text
arrow-up110arrow-down1external-linkRipple's open market sales of XRP cryptocurrency aren't securities, court rules in landmark decisionfortune.comourlifeintoronto@kbin.social to cryptocurrency@lemmy.ml · 1 year agomessage-square3fedilinkfile-text
minus-squareAfricanExpansionist@lemmy.mllinkfedilinkarrow-up2·edit-21 year agoThis is insane. The company markets itself and its token like it’s working on behalf of XRP holders Edit: so I RTFA. The decision does call XRP an unregistered security but says that open market purchases are not investment contracts. I think this sets up the exchanges as being sellers of unregistered securities.
This is insane. The company markets itself and its token like it’s working on behalf of XRP holders
Edit: so I RTFA. The decision does call XRP an unregistered security but says that open market purchases are not investment contracts.
I think this sets up the exchanges as being sellers of unregistered securities.