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They did lose against Ripple. That’s one case law precedent right there for determining what is a security. There’s also a non-negligible chance that they are g
by jgilias 3y ago
They did lose against Ripple. That’s one case law precedent right there for determining what is a security. There’s also a non-negligible chance that they are going to either lose or have a dismissed case against Coinbase. Given that this case is basically a copy-paste of that one, it’s a possible outcome.
There’s a reason why the lawmaking, executive, and judicial powers are separated in a democracy.
- 1vuio0pswjnm7 3y agoKraken already lost against the SEC in February. Will Kraken lose again. https://www.sec.gov/news/press-release/2023-25 https://www.sec.gov/news/press-release/2023-25
- jgilias 3y agoAs far as I know they didn’t lose, they opted not to fight. This time looks like they don’t have the option not to fight.