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0 pointstreyd2y ago0 comments

The ruling published yesterday was just summary judgements which can be appealed. The actual trial hasn't even happened yet.

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monero-xmr2y ago· 2 in thread

The trial isn’t interesting. The summary judgment says it’s legal to sell cryptocurrencies if you do so anonymously on retail exchanges, and the tokens also are not securities. Very interesting outcome. The appeals are likely to fail from my reading of various analyses.

ac292y ago

> The summary judgment says it’s legal to sell cryptocurrencies if you do so anonymously on retail exchanges, and the tokens also are not securities.

This is a misrepresentation. The ruling says some specific XRP sales by Ripple via exchanges were not investment contracts. It does not say they are not securities, nor does it say that it is broadly "legal to sell cryptocurrencies" on exchanges.

monero-xmr2y ago

Head of legal for Coinbase disagrees with you:

https://twitter.com/iampaulgrewal/status/1679962578808709122...

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