/biz/ - Business & Finance

>>25219935
I fud link regularly and even Ill admit, they said its going to be the price of a coffee. Thats the opposite of saying theres an expectation of profit.

Unlike the Jew banker coin. I dont hate anyone who holds link, I love you all. t. ltcbro, but XRP holders are complicit in an attack on us all, they should get an oven.

>>25158201
>Declared a currency
But its not. When its officially declared not a currency, it will drop faster than Bitconnect.

You promised profits, Bitcoin is seen as wealth stability not a tool for gains, which is why IT is NOT a SECURITY. You promised gains, youre a security. Cut and dry, but dont let me stop you from losing everything. You fucks all deserve to lose your shirts. Fuck you, siding with the anti-crypto bank fellating coin. Die.

>>25137828
Theyre chasing losses with cope, lying to themselves that they will win in court. It fails the howey test, its not a guess, it does. The case is already over, they lost.

This meme is why it happened. This very meme, which started circulating right before the SEC came down on them. It was shown to the SEC and they said yep, thats a security. Its a security. A security is not a currency, you cant own it, you cant send it, you cant buy it unless youre an accredited investor with 2 mill net worth or 250k liquid cash. It cannot be used as a means of settlement, thatd be illegal. You cant take your amazon stock and buy a chocolate bar with it, thats the exact same thing, both securities.

>>25085904
Chainlink never promised or worked towards price pumps you dope.

That's the crux of the SEC filing.

And Chainlink famously never made any attempts to get Link listed on exchanges.

>>25078733
Chainlink never promised token price increases, never even simply discussed the token price, never tried to get listed on exchanges, never said Link wasn't usable as a utility currency, certainly never made any efforts to pump the price or massage the markets, etc. etc. etc.

Ripple did all of that shit in spades.

>>25078269
>>25078220
>>25078125

Shits fucked.

>>25064195
>>25064298
>>25064554
>>25064569
>>25064645
>>25064798
No.
There is clear SCOTUS precedent about what makes a security: the Howey test.

Chainlink never ever discussed price, much less created an expectation of profit from investing in Link.
Ripple did.

And on top of that, US residents were specifically banned from the presale/ICO.

>>25063639
>>25063701
>>25063663
>>25063815
No.
There is clear SCOTUS precedent about what makes a security: the Howey test.

Chainlink never ever discussed price, much less created an expectation of profit from investing in Link.
Ripple did.

And on top of that, US residents were specifically banned from the presale/ICO.

>>25054351
Tokens/coins being a security has nothing to do with whether they're printed or mined.

>>25052422
For shilling the price of their coin.

Is Ripple fucked?