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SEC vs. Ripple, Threads Users Drop, SpaceX | The Brainstorm EP 06

FYI - For Your Innovation

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The Supreme Court's Decision in Ripple's Crypto Token Sale

The Supreme Court established four criteria to determine whether an investment contract exists. In the case of crypto, what they effectively do is they go through each of the criteria and they effectively determine whether or not the specific asset fits the Howie test. And so this is I'd say a net win specifically for exchanges for XRP. The SEC will likely appeal because the court's decision didn't really set a precedent that other courts must follow.

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