Post #3412976
2026-06-26 19:33 UTC
@Frondeur@poa.st @Jonny@annihilation.social "Shareholders" so you are saying this project is a security and the SEC should oversee it?
Replies (1)
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@Frondeur@poa.st 2026-06-26 19:37
@Sovereign@nicecrew.digital @Jonny@annihilation.social ah no, ripple is a company with shareholders...ripple owns a lot of xrp (through the escrow), and their primary business is selling xrp although they are growing in other areas...xrp is not a security, as the sec has settled with ripple for a $50 million penalty, effectively in exchange for xrp not being a security...