Ripple CTO Explains Investment Contract and Why SEC Is Wrong About XRP

David Schwartz, Ripple’s Chief Technology Officer, recently highlighted significant distinctions between contracts and “reasonable reliance,” emphasizing the implications of these distinctions for current U.S. securities regulation. Schwartz’s post points to the SEC’s approach in classifying certain actions as contracts or securities when, in fact, they lack essential contractual elements. His explanation illustrates how the SEC’s The post Ripple CTO Explains Investment Contract and Why SEC Is Wrong About XRP appeared first on Times Tabloid .

Source: TimesTabloid