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Whether these things are securities will be the central issue of the insider trading case [1]. It will be interesting! Coinbase fired this guy for breaking Coin
by modeless 4y ago
Whether these things are securities will be the central issue of the insider trading case [1]. It will be interesting! Coinbase fired this guy for breaking Coinbase's internal insider trading rules, but now will they have to come in and help defend him in court against federal insider trading charges just to prove that they don't list securities?
[1] in case you missed it https://www.justice.gov/usao-sdny/pr/three-charged-first-ever-cryptocurrency-insider-trading-tipping-scheme https://www.justice.gov/usao-sdny/pr/three-charged-first-eve...
- rvz 4y ago> Whether these things are securities will be the central issue of the insider trading case And the result of that rests on the Ripple vs SEC case for determining if XRP or any other crypto is a security of not.