@RepRitchie@FSCDems You should! Have one of your staffers contact my office. I'm happy to educate, advise, and offer clients in the crypto space who have been harmed and desperately need rational regulation.
@SenLummis Can someone on your staff reach out? I’d love to have your staff talk to the victims of crypto fraud to help craft legislation to help the proverbial “little” people.
@brucefenton The pre-sale of ETH was the sale of a security.
The trading of ETH thereafter was not.
The SEC documents released in the Ripple case conclusively demonstrate that the SEC didn’t know what to do about ETH thus making it impossible to litigate the issue in the future.
@scottmelker@JohnEDeaton1@EleanorTerrett Simply stated - the docs aren’t that exciting. Shows that the SEC had no idea how to handle the situation. Means that the “Fair Use” defense is going to be better than expected for Ripple. Docs don’t help in the securities/commodities/crypto assets debate.
@FluhrMichael Somebody smarter than me is going to have to figure that out. I think there’s three dimensional chess going on at the moment and only the tip of the iceberg is showing.