๐ฅ Breaking Down the Bitnomial Complaint: XRP & SEC Drama Unfolds! ๐จ
๐ You HAVE to read paragraphs 34 to 36 from the Bitnomial complaint against the SEC! The SEC doubled down on its claim that XRP is a security by presenting summary judgment briefs from their battle in SEC v. Ripple Labs. But hereโs the kicker: they conveniently left out a critical point... ๐ฑ
๐งจ The court REJECTED the SECโs argument that all XRP sales were investment contracts! The ruling found that the token itself, $XRP, is NOT a security! Talk about selective storytelling! ๐๐ฅ
๐ท See the legal breakdown below ๐ This is one for the crypto history books!
Remember to DYOR before jumping to conclusions and investing in any crypto assets! ๐ง๐ก
#Xrp๐ฅ๐ฅ #Ripple๐ฐ #SECCryptoRegulation #RippleVsSEC #CryptoNewss