Ripple argued that XRP profits came from “market forces of supply and demand” rather than any contract between Ripple and XRP tokenholders.
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Author: Cointelegraph By Brayden Lindrea
in Brad Garlinghouse, Howey Test, Jeremy Hogan, John Deaton, Motion, Ripple Labs, Stuart Alderoty, Summary Judgement, U.S. Securities Exchange Commission
Ripple, SEC case heads for conclusion after ‘summary judgment’ filed
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