Despite blockchain company Ripple scoring a major win in the court standoff with the United States Securities and Exchange Commission (SEC), some questions have remained open, particularly concerning the intricacies of the ruling itself, as well as the top securities regulator’s viewpoint.
Indeed, attorneys Jeremy Hogan and Stuart Alderoty, both heavily involved with the case, have addressed the comments that argued the SEC did not think a token itself is a security, with Alderoty stating that such beliefs are false, while also sharing the SEC’s own words in the complaint against Ripple as proof of this belief, in a social media post on August 5.
Part of the SEC’s complaint. Source: Stuart Alderoty
On August 6, Hogan shared a part of the transcript from the 2021 hearing, in which “the SEC lawyer argues that XRP remains a security, but that there’s an exemption for individuals to sell,” which makes it clear that “the SEC absolutely believes that XRP itself is a security. A
We współpracy z: https://finbold.com/ripple-v-sec-case-update-as-of-august-7-2023/
