Birdwatch Note Rating
2023-07-20 19:59:50 UTC - HELPFUL
Rated by Participant: 2B2A81722EC6EAC0089C5D86C9BE398A9A98BB973A76991820F1B04B4087744A
Participant Details
Original Note:
Judge Torres also ruled [pg15], "XRP, as a digital token, is not in and of itself a “contract, transaction[,] or scheme” that embodies the Howey requirements of an investment contract." This includes undisclosed secondary sales/programmatic sales to retail via exchanges. https://www.nysd.uscourts.gov/sites/default/files/2023-07/SEC%20vs%20Ripple%207-13-23.pdf
All Note Details