The post Jeremy Hogan Challenges SEC on XRP and SOL Registration: Legal Implications Revealed appeared first on Coinpedia Fintech News
Jeremy Hogan, a notable attorney with a penchant for supporting XRP, recently made waves on social media platforms. He championed the idea that specific authorized sales of digital currencies, such as XRP and SOL, need not necessarily be registered with the SEC even though the agency famously considers them securities.
Unpacking Everything: FTX’s Standing
Marc Fagel, a luminary in securities law and a former SEC official, got into the matter’s complexities. According to him, FTX, in its role as a facilitator rather than the originator of these tokens, may very well be exempt from the obligatory SEC registration. However, he hinted at a potential maze of legal conundrums should FTX ever decide to sell its native tokens.
FTX is not the issuer, and thus it would presumably be exempt from registration regardless. (Perhaps a different issue of the force
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