Ripple VS SEC
Are you ready to discuss Ripple versus the Securities and Exchange Commission? Yana uses Ripple as a starting point to analyze what it means for various token issuers in terms of how they position themselves, how the SEC views them, and what’s possible in this space. Listen as Yana speaks about the lawsuit the SEC filed against the Ripple Company, the SEC’s view of Bitcoin and Ethereum not being securities, why Ripple XRP is a security, and three things to think about if you are planning to sell tokens to the U.S. plus so much more on this episode of Compliance That Makes Sense.
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Today’s episode:
- [00:34] Hello, everybody!
- [01:39] Yana shares the lawsuit the SEC filed against the Ripple company.
- [02:58] What makes Ripple XRP a security?
- [04:18] Yana speaks about the story of the lawsuit and why she finds it so fascinating.
- [07:26] Yana believes this case is totally American because the European Market wouldn’t look at it in the same way.
- [10:27] The market value of the XRP token doesn’t correlate with Ripple’s corporate results.
- [12:50] Yana says that the SEC is trying to interpret certain statements made by Ripple executives.
- [14:20] Yana shares an example of when she believes the SEC was very lenient and imposed tiny fines.
- [18:01] Yana talks about an example of how not to behave with the SEC.
- [20:25] Yana discusses three lessons in terms of what to think about when planning to distribute your tokens in the U.S.
- [22:56] The most important lesson is don’t fight with the authorities and play nicely.
- [23:28] Thank you for listening!
Show links:
- Compliance That Makes Sense Information – Click here to see if this is the right fit!