"Court rejecting Fair Notice Defense in SEC v Ripple labs" @joecarlasare

Shitcoiners in disbelief. #howeytest #unregisteredSecurities

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Can you explain joes quote to me as if I was 5?

Cointelegraph manipulates the market. Compare their article with the one from Reuters.

I saw the cointelegraph article, lol total gaslighting. The ICO was an unregistered security offering.

Iโ€™m confused. Are you speaking in regards to this? I donโ€™t follow shitcoins or their court cases

Issuing ICO:s as investment contracts are unregistered securities, but programmatic selling of the token on secondary exchanges to unsuspecting customers isn't.

The way the shitcoiners get around the laws is to be more obtuse when pumping their token in marketing and let someone else dump it for them.

Checks out.

So it was classified as a security, but this dude is only focusing on the ruling in regards to RIPs (XRP๐Ÿ˜‚) on the exchanges โ€˜not being a security?โ€™

Yep, they won different parts of the case.

They literally bought and then posted the article.