I do not understand your reasoning here, MS. And you have been my guru on this for the last 20 months. <br /> <br /> Indeed I should have followed you more closely, that is, I should have followed you to Nexo (if only because doing so would have got me completely out of Cred). But there is no point in my following you here. <br /> <br /> Why would they say it is a security? They are saying it is not a security. That is their case. They are saying early buyers of XRP thought they were buying a piece of a company, Ripple, and thus they were tricked into buying something that is not a security. Is that not their case? If US arbitrarily rules that a crypto currency is something else, say a security, and that harms us, we should be able to sue the US in a class action. <br /> <br /> Hmm, this seems to be the wrong board... Go LBA!?!