
Judge Hands SEC a Massive Loss Denying Theory That Tokens Are Always Securities
The Breakdown
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The SEC's Overly Expansive Rulemaking Is Undermining Cryptocurrencies
XRP is now open for trading. Kraken also re-listed XRP and while Gemini haven't re-listed yet, their co-founder Cameron Winklevoss wrote the sale of XRP on exchanges is not a security. This is a watershed moment that relegates the SEC to tradfi and makes it a dinosaur regulator. Every new project and every new tokenless project just got a blueprint for how to go hard on tokenomics.
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