(1/2) I am prepping for the SEC v. Ripple hearing and did a deep-dive into some docs, and LOOK WHAT I FOUND. It's the SEC stating in a public document "...the digital CURRENCY company called Ripple Labs." (top of pg.3)
(2/2) Apparently the SEC agreed with FinCen - at least back in 2016! The SEC must now explain to the Court how a "digital currency" transformed to a "digital security." That explanation is part of the batch of documents the parties will be fighting over today.
PS. Happy Tuesday!
Sorry - it's quoted at the top of page 2 (not page 3)! (Still working on my first cup of coffee here). PS. What is that line that keeps going up on my computer screen called? It just went past something called "$1.00." Interesting... 😄
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