Ripple CTO has posed thought-provoking question to SEC over Ethereum's status as security
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Drawing on this, the Ripple CTO asked the SEC if it thinks people selling Ethereum on secondary marketplaces are selling securities. This question is highly impractical to answer over social media as it constitutes the core of what the ongoing Ripple v. SEC legal battle as well as other trading platforms is all about.
Awesome. Does the SEC think people selling ETH on exchanges are selling securities? I'd like to hear from the best source.To date, only XRP has been certified as an altcoin whose trading on secondary marketplaces does not constitute a security. This clarity was obtained after more than two years of litigation, with the Based on the complexity of the question, any answer given by the market regulator will spark another round of curiosity that it obviously cannot afford at this time.
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