04-17-2022, 07:39 AM
SEC just completly changed their arguement on a key speech from it being a "personal
<!-- SC_OFF --><div class="md"><p>Just this week the judge ordered the SEC to present their documents from a key 2018 speech from Hinman (former SEC director). That's was the key speech where the SEC accused Ripple of not accepting that they were a security. Well in the same speech Hinman said that ETH was not a security.</p> <p>Since then, everytime this speech was brought up in court the SEC argued that it was just his own opinion in the speech to say that Etherum was not a security. Already stupid arguement but now they backed up on that in the recent court filling and are saying that it indeed was their approach on regulating digital assets not a personal opinion.</p> <p>I mean if the SEC completly changes their argument from "personal opinion" to indeed a regulation, then it's sure to say that they do not know it themselves so how was XRP supposed to know?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/partymsl"> /u/partymsl </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/u52rx3/sec_just_completly_changed_their_arguement_on_a/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/u52rx3/sec_just_completly_changed_their_arguement_on_a/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Just this week the judge ordered the SEC to present their documents from a key 2018 speech from Hinman (former SEC director). That's was the key speech where the SEC accused Ripple of not accepting that they were a security. Well in the same speech Hinman said that ETH was not a security.</p> <p>Since then, everytime this speech was brought up in court the SEC argued that it was just his own opinion in the speech to say that Etherum was not a security. Already stupid arguement but now they backed up on that in the recent court filling and are saying that it indeed was their approach on regulating digital assets not a personal opinion.</p> <p>I mean if the SEC completly changes their argument from "personal opinion" to indeed a regulation, then it's sure to say that they do not know it themselves so how was XRP supposed to know?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/partymsl"> /u/partymsl </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/u52rx3/sec_just_completly_changed_their_arguement_on_a/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/u52rx3/sec_just_completly_changed_their_arguement_on_a/">[comments]</a></span>Kind Regards R