So had a question: since the formal application of the

Question

So had a question: since the formal application of the

law that supposedly applied to XRP being sold to institutions qualifies as a security, is Ripple going to argue that since the government had not formally declared that that was the case in regards to crypto/XRP until the day where it was defined that there is a statute of limitations sort of thing where they can only go back as far as that ruling date?

#cryptocurrency #english #xrp

0

23.10.2023

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Q Автор вопроса

Marty
Xrp is a commodity so the security laws don’t appl...

I thought the judged ruled that XRP sold to institutions was deemed a security whereas selling to individuals was where it doesn't which is why it is considered up for debate.

0

23.10.2023

the G man

Q
I thought the judged ruled that XRP sold to instit...

By right xrp shouldn't be treated like a security. Its a product created by a company. It should be treated like how iphone being sold. Only future Ripple listing on NYSE should be treated as security, be a listed company and all. I really don't get it how xrp is considered as one. Well it is what it is

0

23.10.2023

Marty · Accepted Answer

Marty

Xrp is a commodity so the security laws don’t apply. The stock of Ripple Inc are securities.

0

23.10.2023

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