- In the SEC vs. Ripple case, the U.S. district judge ruled that institutional sales are security, while programmatic sales weren’t.
- Crypto lawyer Kayvan Sadeghi spoke about how institutional investors might try to bypass the judge’s ruling.
- Judge’s statement that XRP isn’t a security was considered a win for the crypto industry.
Crypto journalist, and author of The Cryptopians, Laura Shin discussed the recent events in the SEC vs. Ripple case in a YouTube video, with Jake Chervinsky, chief policy officer at the Blockchain Association, and lawyer Kayvan Sadeghi, partner at Jenner & Block.
So uhh… wen airdrop?Crypto lawyer @KayvanSadeghi says that’s NOT the lesson of Ripple’s partial victory on XRP sales.
Full episode: https://t.co/T88L1YVgVc pic.twitter.com/TgjZijIxDo
— Laura Shin (@laurashin) July 18, 2023
Lawyer Sadeghi talked about how people might try to bypass the recent SEC vs. Ripple ruling, “I think what people should not take from this is so they can just rush directly to the secondary market and come up with some scheme to go to bypass … and go straight to retail.”
On 13 July, the United States district judge stated what is …
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