Veritaseum is a platform token, the purpose of which is to eliminate intermediaries, brokers, and others from the capital market's ecosystem. The platform provides investors with the opportunity to interact directly with financial mechanisms and smart contracts, manage investments and transfer funds to other users of the platform.

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Veritaseum

#XRPCommunity #SECGov v. #Ripple #XRP BREAKING:  SEC Files Letter outlining its basis for filing a Motion for Leave to File an Interlocutory Appeal regarding “Programmatic” offers and sales to XRP buyers over trading platforms and Ripple’s “Other Distributions.”
https://t.co/wrSTm9T6ld

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My bet: Judge Torres denies the request. She studiously avoided new law. 

She found the token is not the security, accepted the SEC’s characterisation of the transaction “buckets” to be analysed, and simply applied Howey and its progeny to the SEC’s chosen buckets.

SEC failed…