Ripple got a partial win against the U.S. Securities and Exchange Commission in court as a judge ruled that XRP is not a security in some cases. CNBC’s Arjun Kharpal discusses what this means for Coinbase, which is currently in a legal battle with the SEC.
Is the exchanges sole proprietors or registered with a company number is questions which was at the table of the SEC. You must pay fees to registers as an exchange and again an opportunity to regulate slip through the hands of the fed. Govt is the biggest problem because school leavers are place at red flag positions but they can’t alert because they are not intellectually inclined to observe financial or economic danger. I said for the last few years that only exchanges will make money because they take real money but the trader sits with artificial money. That result I observe with FTX and SVB….I again going to focus your eyes on the main scheme which nobody observe up till now or did but is hiding it, take Ethereum provides the source code meaning token brothers and sisters are created. There’s remains basically one coin and Etherium draws revenue from all these coins but it also know how to manipulate the source code by constant updating it and other coins will just follow trend., thinking that’s how it should be. Trusting the update source code from a competitor/rival. People must legally publish which source code is presented and the source code must be independently created from blockchain. You cannot have a CBDC based on Etherium. I think USA fell already in that trap. No govt can put it’s trust in a private individual/company to run it’s currency especially from a foreign entity.. Who ever makes a coin must create it’s source code as a standalone product. The cloud will not be secure.
What a bs headline
Xrp is not ripple token 😅🤣 i need media to catch up with facts & when everyday citizens purchased xrp from exchanges the money didn’t go directly to ripple the money stayed with us lol. Come on now.
It’s a currency! Get over it! Deliberately misleading!
Exactly, they know the SEC lost now it’s time for those CORRUPT SOB in the media to save face.
There is no such thing as a partial win
Correct 🙂
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Ripple won its case against the SEC. The corrupt SOB in the liberal media can spin it anyway they like but as the judge ruled XRP IS NOT A SECURITY and that gives clarity ultimately was the end game for Ripple.
Take a good look folks, XRP is now being listed EVERYWHERE!!!
Kramer jr… 😂
The question is how much influence does the S.E.C. have over NBC?
Do your research guys, the CFTC has already said that XRP is a currency.
Source
He’s a bitcoin maxi 😂 on behalf of the xrp army respectfully stfu ❤
Catch up with the rest of the world and fill your pockets 🚀
XRP (XRPL)
XRPeeeeee is Freeeeeeee
Here we go big media starting to spin it ..
This was not a partial win, it was a complete ass whippin’ of the SEC. XRP is NOT a security!! The only thing, if you even want to call it a win for the SEC, is that on certain nonexempt institutional sales–that have been uncommon for years. Quit painting a shitty picture CNBC. Can’t you guys in MSM (horrible jourlistitic paid for shmucks) even get this right?
Ripple is not a token, Ripple is a US company, XRP is a coin. Token operates on a parent Blockchain AND coins have their on Blockchain.
What a crock. It won hugely. The sec must have given you this title.
The only thing that mattered were secondary sales , I could give a rats ass about the initial sales that are classified as a security
She said ripple token lol😂
All of this poo pooing of XRP by the media is a great sign for us.
Man, I loaded up on XRP/XLM years ago… when it was in the dumps. I’m not planning on selling, but it’s nice to see it bump up.
I just stared about a year ago xrp/xlm… I’m still early in the long run!
It would be a shame if Gary tripped on some tracks in front of train
Partial win . Lol hahaha. Demons are real
The XRP sales out side of exchanges mean jack shit , The lawsuit was about XRP as a security in general , oh by the way the rest of the world and big players could give a fuck less about this fake lawsuit , it is just smoke and Mirrors . The sec gives 2 shits about protecting retail that is not their job no matter how they spin it . If so ask the victims of Bernie Maddoff . the sec knew for years things were weird and did nothing
I love the “partial” win crap. They can’t give it to them completely. Well, I’m sorry to tell you this piss-ant gensler, but they WON!!! The whole point was to get it declared a security, and that didn’t happen. That’s called a 100% WIN! Nothing partial about it. There were no real regulations concerning crypto so even the sale of XRP being securities isn’t going to be that big of a deal. It’s not as if they knew that because it’s still not clear what’s what with crypto, so they definitely won.
It’s a complete win, let’s be serious. Stop looking or a way to say it’s not a flat out win. We got what we wanted period. Always trying to rain on the parades
partial? we won its over F**k the SEC!
The news is still trying to fud XRP after a clear win in court.This means that XRP may be number one soon in the crypto market 🤑🤑🤑
partial win my fuckin ASS!!
in some cases? you mean most cases… since majority of any XRP transactions are done on crypto exchanges
Why isn’t anybody talking about a class action lawsuit for all the money the SEC stole from the people?
Cope harder. The SEC lost. By LAW OF THE LAND XRP is NEVER a security now. Brad Garlinghouse won. Chris Larsen won. Nobody cares about options contracts maybe being unregistered offerings; we now have regulatory clarity for INSTITUTIONS. Metaphorically speaking this video represents CNBC cleaning up a massive stinky dump Gary Gensler just took all over Joe Biden’s face and the SEC. If what I’m saying doesn’t make sense to you go study finance, take the law exams, and get licensed. What CNBC and other outlets are saying is purely to save face and is laughable from the viewpoint of any self-respecting attorney.
This guy is hilarious. XRP is clear and ready to take flight.
Cant fix stupid. Better we not try with these scumbags
Partial ???? LOL..I want what your shooting
Stop spreading misinformation. Xrp is not a security!
Former United States Securities Exchanges Commission (SEC) attorney John Reed Stark has expressed concerns over the recent Ripple decision He’s incompetently illiterate of the legal jurisdiction
XRP is clear for takeoff!