The Ripple ruling implies securities laws protect only sophisticated investors, the opposite of the US stock market's rule, and seems likely to work out poorly (Matt Levine/Bloomberg)
The Ripple ruling implies securities laws protect only sophisticated investors, the opposite of the US stock market's rule, and seems likely to work out poorly — Crypto tokens are securities unless you are anonymously dumping them on retail investors.
from Techmeme https://ift.tt/XYdgeav
The Ripple ruling implies securities laws protect only sophisticated investors, the opposite of the US stock market's rule, and seems likely to work out poorly (Matt Levine/Bloomberg)
![The Ripple ruling implies securities laws protect only sophisticated investors, the opposite of the US stock market's rule, and seems likely to work out poorly (Matt Levine/Bloomberg)]()
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July 14, 2023
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