Summary of RIPPLE XRP: ATTORNEY REVEALED WHAT JUST HAPPENED TO RIPPLE XRP ! XRP SEC- RIPPLE SEC-LATEST XRP NEWS

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Ripple's attorney has revealed that the SEC has failed to prove the existence of investment contracts governing the defendants' offers in sales of XRP. This conclusion confirms the SEC's arguments that there can be no reasonable expectation of profits from the defendant's efforts in the absence of any obligations to XRP holders.

  • 00:00:00 The Ripple attorney reveals that the SEC has failed to prove the existence of investment contracts governing the defendants' offers in sales of xrp, and that xrp holders cannot reasonably expect profits from the efforts of the defendant. This conclusion confirms the SEC's arguments that there can be no reasonable expectation of profits from the defendant's efforts in the absence of any obligations to xrp holders.
  • 00:05:00 The Ripple CEO congratulated the Ripple team on their victory in the SEC's latest lawsuit against the company. Hogan clarified that the emails cited in the brief are only part of the entire case, and that the SEC has not attempted to show that the Ripple and XRP investors share a common enterprise. Finally, attorney Bill stated that he is "obsessively" going to the common enterprise prong of the SEC's amended complaint to see what the parties say.

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