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Monday, 11/07/2022 3:55:32 PM

Monday, November 07, 2022 3:55:32 PM

Post# of 36259
Library 100% lost its case with SEC. Judge said if a company mints a large supply of a crypto and holds a majority of it, then there is expectation of profit.

This case is not big enough to set a precedent, but sec will try like heck to point to this ruling now in the Ripple case.
Ripple defense team and case is much stronger but I don’t like how library just played out. That should not have been a 100% win for sec. The judge should have shown a little more understanding to the complexities of the case and lack of fair notice
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