Ripple Beat The SEC

[Neeranam]

https://www.coindesk.com/markets/2023/07/14/first-mover-americas-xrp-gains-66-on-ripples-partial-court-victory/

[Neeranam]

Also, in a great week for crypto, Alex Machinsky is arrested! 

https://www.cnbc.com/2023/07/13/former-celsius-ceo-arrested-company-agrees-to-pay-4point7-billion-settlement.html

[simon43]

I've still got some XRP that I bought in 2018.  This recent price increase means that I'm only 50% down on my investment!

[ChipButty]

9 minutes ago, simon43 said:

I've still got some XRP that I bought in 2018.  This recent price increase means that I'm only 50% down on my investment!

you might as well keep it now, 

[Jenkins9039]

3 hours ago, simon43 said:

I've still got some XRP that I bought in 2018.  This recent price increase means that I'm only 50% down on my investment!

Still got a way to go if it's gonna be worth exiting.

[BenStark]

3 hours ago, Neeranam said:

https://www.coindesk.com/markets/2023/07/14/first-mover-americas-xrp-gains-66-on-ripples-partial-court-victory/

 

Some people can be made happy with everything, especially the crypto pluggers on this forum

 

Early reads from legal experts, though, suggest the ruling falls short of settling the question of whether and under what circumstances a digital asset meets the definition of a security under U.S. law.

 

3 hours ago, Neeranam said:

Also, in a great week for crypto, Alex Machinsky is arrested! 

https://www.cnbc.com/2023/07/13/former-celsius-ceo-arrested-company-agrees-to-pay-4point7-billion-settlement.html

Big difference between agreeing to pay and actual paying

[Neeranam]

On 7/16/2023 at 11:05 AM, BenStark said:

Some people can be made happy with everything, especially the crypto pluggers on this forum

 

Early reads from legal experts, though, suggest the ruling falls short of settling the question of whether and under what circumstances a digital asset meets the definition of a security under U.S. law.

Very negative. 

 

This is huge news -  traditional finance know now they can buy crypto safely and legally. This, along with endorsements by Larry Fink, Blackrock mean a huge bull run is coming.