4/7 At the same time, Ripple Labs, XRP's parent company, got the raw deal. The SEC took Ripple to court in December 2020 for raising $1.3 billion through an unregistered digital asset securities offering. The legal battle continues. #XRP #SEC
Discussion
5/7 So, is #ETHGate fact or fiction? Regulatory discrepancies could add weight to the theory. It appears ICO labels as "unregistered securities offerings" have been discriminately handed out.
6/7 Case in point: Binance & Crypto.com have been allowed to develop centralized tokens like BNB & CRO, while Ripple was hung out to dry.
7/7 🤔 #ETHGate sparks a debate on crypto regulation fairness. For a thriving market, we need transparency and uniformity. #Crypto #Regulation #Bitcoin⚡