mr.nEJC 🏳️🌈 🏳️⚧️@lemmy.worldtoCryptocurrency@lemmy.ml•Summary Judgement is Here for the Ripple Case
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1 year agoELI5 by CoinDesk:
XRP is both an unlawfully sold investment contract when sold to VCs or institutional buyers, but a perfectly lawful, “something else” when sold anonymously via cryptocurrency exchanges, or distributed to employees or by insiders.
This can and will change; see https://www.bbc.com/news/science-environment-67718719 for one of the options.