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On December 22nd, the U.S. Securities and Exchange Commission (SEC) announced that it is taking action against Ripple and its two executives for selling unregistered securities in the form of XRP. Viktoria, from the QDAO DeFi team, analyzes all the facts to discover the reasoning behind the lawsuit and what it means for XRP holders.
Covering:
👉 The grounds for the lawsuit
👉 Understanding the context: what the SEC, securities and digital money are
👉 The 4 criteria to determine whether something is a security
👉 Accusations against the Ripple CEO and co-founder
👉 What the SEC is demanding and what are the ways out of the situation
👉 The Ripple counter-arguments
👉 Is it time to cut off XRP?
👉 What if XRP gets labeled as a security?
🔥🔥🔥Our QDAO experts always share the best and most useful news from the entire DEFI market, looking for fresh insights and best trading opportunities. 🔥🔥🔥
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#SEC #qdefi #XRP
▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Youtube version
