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Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: Tanimariya on June 17, 2020, 04:47:27 PM

Title: “XRP is Not a Security” Says Ex-CFTC Chairman, Now Paid by Ripple
Post by: Tanimariya on June 17, 2020, 04:47:27 PM

Chris Giancarlo, who as CFTC chairman decreed that both Bitcoin and Ether were not securities, has argued the same for XRP. However he is now at a law firm providing counsel to Ripple, calling the impartiality of such claims into question.
Former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo, published an opinion on June 17 arguing that XRP does not fulfil the criteria to be considered a security according to the Howey Test.
Read more: https://cointelegraph.com/news/xrp-is-not-a-security-says-ex-cftc-chairman-now-paid-by-ripple