Eleanor Terrett (@EleanorTerrett): 🚨NEW: @Ripple CEO @bgarlinghouse addresses the part of the cross-appeal filed last night seeking clarity on whether an investment contract under the S…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- XRP-40Negative
🚨NEW: @Ripple CEO @bgarlinghouse addresses the part of the cross-appeal filed last night seeking clarity on whether an investment contract under the Securities Act needs to have an explicit contract. @APompliano asks: “If crypto tokens are deemed to be an investment contract, does that change the classification for people like Coinbase and others that they're now allowing investment contracts across their platforms?” @bgarlinghouse said: “If the SEC were to prevail on this point, it is a shit show for the industry. It just pushes more of it offshore.”