1 hr 3 min
Former SEC Lawyer: What You’re Missing About Securities, Ripple/XRP, & Prometheum l Overpriced JPEGs #188 The Carly P Reilly Show
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- Technology
OPJ NFT Link: https://overpricedjpegs.cc/buy-opj-nft
OPENSEA | DROPS
Check out the latest drops in OpenSea: https://overpricedjpegs.cc/OpenSea
WEB3SENSE | DEMO
Find out more + get a demo today: https://overpricedjpegs.cc/web3sense
🔐 LEDGER | SHOP NOW: https://overpricedjpegs.cc/ledger
✨ SUBSCRIBE TO THE OVERPRICED JPEGS CHANNEL ✨
https://bankless.cc/jpegs
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🚀 SUBSCRIBE TO THE OPJ NEWSLETTER: https://jpegs.banklesshq.com/
🎙️ SUBSCRIBE TO PODCAST: https://availableon.com/overpricedjpegs
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Timestamps:
0:00 Intro / Announcements
5:41 The Significance of the Ripple Case
8:39 Using the Howey Test for Evaluation
12:03 Distinguishing Common Stock and Securities
17:40 Digital Assets as Investment Contracts
20:25 Looking at the New Ruling
24:02 Is the Token Itself the Investment Contract?
31:22 The Orange Grove Analogy
33:44 How Decentralization Complicates the Howey Test
38:10 When Does a Token Decouple From the Issuer?
42:02 Can a Clear Path Be Found?
45:18 Ramifications of Tokens as Securities Then Commodities
46:05 Where "Orange Grove Investors" Find Their Return
47:23 The Required Disclosures For Crypto
50:29 The Disclosure Requirements For Securities
54:18 How Would a Company Issue a Token Now?
56:09 Nerves Surrounding an Appeal
58:51 Putting NFTS to the Howey Test
1:00:20 Matt Levine's Ripple Piece
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Resources:
Prometheum / Paradigm Debate: https://youtu.be/z5Yj5o6ycgM
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets.
See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures
OPJ NFT Link: https://overpricedjpegs.cc/buy-opj-nft
OPENSEA | DROPS
Check out the latest drops in OpenSea: https://overpricedjpegs.cc/OpenSea
WEB3SENSE | DEMO
Find out more + get a demo today: https://overpricedjpegs.cc/web3sense
🔐 LEDGER | SHOP NOW: https://overpricedjpegs.cc/ledger
✨ SUBSCRIBE TO THE OVERPRICED JPEGS CHANNEL ✨
https://bankless.cc/jpegs
------
🚀 SUBSCRIBE TO THE OPJ NEWSLETTER: https://jpegs.banklesshq.com/
🎙️ SUBSCRIBE TO PODCAST: https://availableon.com/overpricedjpegs
-------
Timestamps:
0:00 Intro / Announcements
5:41 The Significance of the Ripple Case
8:39 Using the Howey Test for Evaluation
12:03 Distinguishing Common Stock and Securities
17:40 Digital Assets as Investment Contracts
20:25 Looking at the New Ruling
24:02 Is the Token Itself the Investment Contract?
31:22 The Orange Grove Analogy
33:44 How Decentralization Complicates the Howey Test
38:10 When Does a Token Decouple From the Issuer?
42:02 Can a Clear Path Be Found?
45:18 Ramifications of Tokens as Securities Then Commodities
46:05 Where "Orange Grove Investors" Find Their Return
47:23 The Required Disclosures For Crypto
50:29 The Disclosure Requirements For Securities
54:18 How Would a Company Issue a Token Now?
56:09 Nerves Surrounding an Appeal
58:51 Putting NFTS to the Howey Test
1:00:20 Matt Levine's Ripple Piece
------
Resources:
Prometheum / Paradigm Debate: https://youtu.be/z5Yj5o6ycgM
------
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets.
See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures
1 hr 3 min