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VOICE ARCHIVE

@meattc_

@meattc_
25 posts
2023-07-15
Institutional sales of XRP to sophisticated investors satisfy Howey...but, who cares, because that can be covered under exemptions to registration under Reg D. [image]
2023-07-15 View on X
Bloomberg

The Ripple ruling implies securities laws protect only sophisticated investors, the opposite of the US stock market's rule, and seems likely to work out poorly

Crypto tokens are securities unless you are anonymously dumping them on retail investors. LinkedIn: Kelvin Low . Twitter: @smdiehl , @matt_levine , @exlawyernft , @ben_mckenzie , @...

court also rules a “speculative motive” by the purchaser of an asset is not enough to evidence and investment contract... AND BECAUSE THEY DIDN'T KNOW THEY WERE BUYING FROM RIPPLE, THEY DID NOT DERIVE THAT EXPECTATION FROM RIPPLE'S EFFORTS honestly this seems shaky lol [image]
2023-07-15 View on X
Bloomberg

The Ripple ruling implies securities laws protect only sophisticated investors, the opposite of the US stock market's rule, and seems likely to work out poorly

Crypto tokens are securities unless you are anonymously dumping them on retail investors. LinkedIn: Kelvin Low . Twitter: @smdiehl , @matt_levine , @exlawyernft , @ben_mckenzie , @...

CRITICAL NOTE This is a ruling on a motion for summary judgement, NOT holding on the merits. So, grain of salt.
2023-07-15 View on X
Bloomberg

The Ripple ruling implies securities laws protect only sophisticated investors, the opposite of the US stock market's rule, and seems likely to work out poorly

Crypto tokens are securities unless you are anonymously dumping them on retail investors. LinkedIn: Kelvin Low . Twitter: @smdiehl , @matt_levine , @exlawyernft , @ben_mckenzie , @...

court also rules a “speculative motive” by the purchaser of an asset is not enough to evidence and investment contract... AND BECAUSE THEY DIDN'T KNOW THEY WERE BUYING FROM RIPPLE, THEY DID NOT DERIVE THAT EXPECTATION FROM RIPPLE'S EFFORTS honestly this seems shaky lol [image]
2023-07-15 View on X
Reuters

A US judge says Ripple's XRP sales to sophisticated investors violated securities law but that sales on exchanges were not offers of securities

and this week it got a big one Hassan Shittu / Cryptonews : Coinbase Pauses Staking Services in Several US States Amid SEC Lawsuit Mutuma Maxwell / Cryptopolitan : Binance clients ...

Institutional sales of XRP to sophisticated investors satisfy Howey...but, who cares, because that can be covered under exemptions to registration under Reg D. [image]
2023-07-15 View on X
Reuters

A US judge says Ripple's XRP sales to sophisticated investors violated securities law but that sales on exchanges were not offers of securities

and this week it got a big one Hassan Shittu / Cryptonews : Coinbase Pauses Staking Services in Several US States Amid SEC Lawsuit Mutuma Maxwell / Cryptopolitan : Binance clients ...

Ripple ruling is linked below. Some critical items: https://www.docdroid.net/...
2023-07-15 View on X
Reuters

A US judge says Ripple's XRP sales to sophisticated investors violated securities law but that sales on exchanges were not offers of securities

and this week it got a big one Hassan Shittu / Cryptonews : Coinbase Pauses Staking Services in Several US States Amid SEC Lawsuit Mutuma Maxwell / Cryptopolitan : Binance clients ...

CRITICAL NOTE This is a ruling on a motion for summary judgement, NOT holding on the merits. So, grain of salt.
2023-07-15 View on X
Reuters

A US judge says Ripple's XRP sales to sophisticated investors violated securities law but that sales on exchanges were not offers of securities

and this week it got a big one Hassan Shittu / Cryptonews : Coinbase Pauses Staking Services in Several US States Amid SEC Lawsuit Mutuma Maxwell / Cryptopolitan : Binance clients ...

Ripple ruling is linked below. Some critical items: https://www.docdroid.net/...
2023-07-15 View on X
Bloomberg

The Ripple ruling implies securities laws protect only sophisticated investors, the opposite of the US stock market's rule, and seems likely to work out poorly

Crypto tokens are securities unless you are anonymously dumping them on retail investors. LinkedIn: Kelvin Low . Twitter: @smdiehl , @matt_levine , @exlawyernft , @ben_mckenzie , @...

2023-07-14
Institutional sales of XRP to sophisticated investors satisfy Howey...but, who cares, because that can be covered under exemptions to registration under Reg D. [image]
2023-07-14 View on X
Reuters

A US judge says Ripple's XRP sales to sophisticated investors violated securities law but that sales on exchanges were not offers of securities; XRP jumps 70%+

🚀 According to documents filed earlier today … Twitter: Brad Garlinghouse / @bgarlinghouse : We said in Dec 2020 that we were on the right side of the law, and will be on the right...

CRITICAL NOTE This is a ruling on a motion for summary judgement, NOT holding on the merits. So, grain of salt.
2023-07-14 View on X
Reuters

A US judge says Ripple's XRP sales to sophisticated investors violated securities law but that sales on exchanges were not offers of securities; XRP jumps 70%+

🚀 According to documents filed earlier today … Twitter: Brad Garlinghouse / @bgarlinghouse : We said in Dec 2020 that we were on the right side of the law, and will be on the right...

Ripple ruling is linked below. Some critical items: https://www.docdroid.net/...
2023-07-14 View on X
Reuters

A US judge says Ripple's XRP sales to sophisticated investors violated securities law but that sales on exchanges were not offers of securities; XRP jumps 70%+

🚀 According to documents filed earlier today … Twitter: Brad Garlinghouse / @bgarlinghouse : We said in Dec 2020 that we were on the right side of the law, and will be on the right...

court also rules a “speculative motive” by the purchaser of an asset is not enough to evidence and investment contract... AND BECAUSE THEY DIDN'T KNOW THEY WERE BUYING FROM RIPPLE, THEY DID NOT DERIVE THAT EXPECTATION FROM RIPPLE'S EFFORTS honestly this seems shaky lol [image]
2023-07-14 View on X
CoinDesk

After the US court ruling, Coinbase, Kraken, and Bitstamp resume XRP trading on their US exchanges and Gemini is exploring listing the token

U.S. federal court ruled on Thursday that sale of XRP tokens on exchanges and through algorithms did not constitute investment contracts.

Institutional sales of XRP to sophisticated investors satisfy Howey...but, who cares, because that can be covered under exemptions to registration under Reg D. [image]
2023-07-14 View on X
CoinDesk

After the US court ruling, Coinbase, Kraken, and Bitstamp resume XRP trading on their US exchanges and Gemini is exploring listing the token

U.S. federal court ruled on Thursday that sale of XRP tokens on exchanges and through algorithms did not constitute investment contracts.

Ripple ruling is linked below. Some critical items: https://www.docdroid.net/...
2023-07-14 View on X
CoinDesk

After the US court ruling, Coinbase, Kraken, and Bitstamp resume XRP trading on their US exchanges and Gemini is exploring listing the token

U.S. federal court ruled on Thursday that sale of XRP tokens on exchanges and through algorithms did not constitute investment contracts.

CRITICAL NOTE This is a ruling on a motion for summary judgement, NOT holding on the merits. So, grain of salt.
2023-07-14 View on X
CoinDesk

After the US court ruling, Coinbase, Kraken, and Bitstamp resume XRP trading on their US exchanges and Gemini is exploring listing the token

U.S. federal court ruled on Thursday that sale of XRP tokens on exchanges and through algorithms did not constitute investment contracts.

court also rules a “speculative motive” by the purchaser of an asset is not enough to evidence and investment contract... AND BECAUSE THEY DIDN'T KNOW THEY WERE BUYING FROM RIPPLE, THEY DID NOT DERIVE THAT EXPECTATION FROM RIPPLE'S EFFORTS honestly this seems shaky lol [image]
2023-07-14 View on X
Reuters

A US judge says Ripple's XRP sales to sophisticated investors violated securities law but that sales on exchanges were not offers of securities; XRP jumps 70%+

🚀 According to documents filed earlier today … Twitter: Brad Garlinghouse / @bgarlinghouse : We said in Dec 2020 that we were on the right side of the law, and will be on the right...

2023-06-07
Coinbase is a public reporting company. Some of the named assets were trading on the platform when the SEC approved the S-1. This is epic gaslighting. https://twitter.com/...
2023-06-07 View on X
Bloomberg

A look at the similarities and differences between the SEC's lawsuits against Coinbase and Binance, as the SEC views every crypto exchange in the US as illegal

SEC v. Crypto  —  “A decent rule of thumb,” I wrote in March, “is that all cryptocurrency exchanges are doing crimes …

2023-02-18
It's clear from the Summary that the SEC is going to take a specific angle on stablecoins here and, in fact apply Howey. How do we know? The expectation of profit from UST is the publicized use of the asset in Anchor to generate yield. https://twitter.com/...
2023-02-18 View on X
The Block

Sources: Jump is the unnamed “US trading firm” that the SEC said helped support the TerraUSD stablecoin in May 2021; the SEC has not accused Jump of wrongdoing

Published 1 hour and 25 minutes earlier on  — Jump is the unidentified “U.S. trading firm” …

It's clear from the Summary that the SEC is going to take a specific angle on stablecoins here and, in fact apply Howey. How do we know? The expectation of profit from UST is the publicized use of the asset in Anchor to generate yield. https://twitter.com/...
2023-02-18 View on X
Bloomberg

The SEC sues Terraform Labs and Do Kwon, accusing them of selling unregistered securities and perpetrating a fraudulent scheme that lost $40B+ in market value

Takeaways from SEC complaint Cosmos Ecosystem Chat Newsletter : SEC Charges Do Kwon, Mars on Crescent, Turkey Earthquake Aid Proposal - CEC Issue #25 The Block : U.S. investigation...

Alright, let's do this. https://twitter.com/...
2023-02-18 View on X
The Block

Sources: Jump is the unnamed “US trading firm” that the SEC said helped support the TerraUSD stablecoin in May 2021; the SEC has not accused Jump of wrongdoing

Published 1 hour and 25 minutes earlier on  — Jump is the unidentified “U.S. trading firm” …