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New Order in SEC vs. Ripple Over XRP Is a Win for Crypto: What Happens Now? - Ep. 518
Unchained
The Case of Ripple Labs
The institutional sales were, I think, what you might call down the middle investment contract cases. There was in general expectation that everybody would do better if the price of the XRP tokens went up. If you do that and you do that broadly without having an exemption, you violated the federal securities laws. The case lines up with many other cases that have come before it.
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