On The Brink with Castle Island cover image

Weekly Roundup 07/21/23 (Nasdaq reconsiders custody, the Torres doctrine) (EP.439)

On The Brink with Castle Island

00:00

The Pro-Crypto Take on IPOs

The judge said the issuance of ripple to employees were not securities because there was no investment of money. And Matt Levine compared that to stock-based compensation, thought it was probably still security. So I'm actually kind of sympathetic to the point that Matt Levine is making here. It could get overturned, but it's not going to get overturned for quite a while," he says.

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