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Somehow the SEC can’t even win a case against XRP which fails the Howey Test miserably. If XRP isn’t a security I don’t know what is. is: (1) an investment of
by Mistletoe 4y ago
Somehow the SEC can’t even win a case against XRP which fails the Howey Test miserably. If XRP isn’t a security I don’t know what is.
is: (1) an investment of money, (2) in a common enterprise, (3) with the expectation of profit and (4) to be derived from the efforts of others.
- JacobThreeThree 4y ago>Somehow the SEC can’t even win a case against XRP which fails the Howey Test miserably. If XRP isn’t a security I don’t know what is. They're beholden to the established financial system and players and "regulating" crypto would also mean giving crypto a stamp of approval, which they seemingly do not want to do.