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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“Contrary to Defendants' assertions, much of the Ripple ruling supports the SECs claims in this case and rejects arguments Defendants have raised here. However, with respect to the
Programmatic and other sales, the SEC respectfully avers that Ripple conflicts with and adds baseless requirements to Howey and its progeny. Respectfully, those portions of Ripple were wrongly decided, and this Court should not follow them. SEC staff is considering the various available avenues for further review and intends to recommend that the SEC seek such review.”
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This seems to be uncharacteristically disrespectful towards the Court (re: the Honorable Judge Torres) for a Court filing, no? Or is it just me?

This seems to be uncharacteristically disrespectful towards the Court (re: the Honorable Judge Torres) for a Court filing, no.

#XRPCommunity #XRP In the SEC v. Terraform Labs/Do Kwon case, the SEC has filed a pleading discussing Judge Torres’s decision in SEC v. Ripple in which it states that “SEC staff is considering the various available avenues for further review and intends to recommend that the SEC… Show more

Quite frankly, I feel the SEC had this loss loss coming because it is gross overreach and much too bold to even attempt to label XRP, as an expression of a technology (which is what itbus, in essence), a security.  A literal monster would be born if they get away with this

Quite frankly, I feel the SEC had this loss loss coming because it is gross overreach and much too bold to even attempt to label

#XRPCommunity #XRP In the SEC v. Terraform Labs/Do Kwon case, the SEC has filed a pleading discussing Judge Torres’s decision in SEC v. Ripple in which it states that “SEC staff is considering the various available avenues for further review and intends to recommend that the SEC seek such review.”  Pleading below.

“SEC Says XRP Ruling Was Wrong, Signals It Will Appeal”

https://t.co/tRf5L5bsmQ via @wsj

Now, this is a surprise.

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