Friday, September 30, 2022 5:52:47 PM
He was busted by 2 brokerages for attempting to manipulate the price. He lied about contracts in China and India.
He lied about having a snake/cobra farm.
Just to keep you up to date - both have filed a Motion for summary judgement and the Judge has to determine if XRP is a security and if it passes the Howey test.
I believe that Bitcoin and Ethereum both are securities.
"A vast majority of crypto assets (coins or tokens) are securities, and illegal ones at that, as they meet the Howey test and have not been issued/distributed in compliance with the securities law."
This one depends on how the Judge views the Howey Test.
The Crypto crowd should have never started using the term Hodl - as that is what you do with a security except on the OTC where you trade not invest.
IG
The First Casualty of Emotion is Reason.
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