Express

"Crypto Dad" Says XRP Is Not A Security

Emily Mason

Summary: Former CFTC Chairman Chris Giancarlo argued that XRP is not a security in a report released on Wednesday, June 17. As Chairman, Giancarlo was known for rallying support for Bitcoin and Ether to be deemed commodities, now as an employee of Ripple he is taking similar steps for XRP. Giancarlo's lawfirm provides counsel to Ripple. ...

Former CFTC Chairman Chris Giancarlo argued that XRP is not a security in a report released on Wednesday, June 17.

As Chairman, Giancarlo was known for rallying support for Bitcoin and Ether to be deemed commodities, now as an employee of Ripple he is taking similar steps for XRP. Giancarlo's lawfirm provides counsel to Ripple.

The report iterates through criteria outlined by the Howey Test to argue that XRP is not a security.

By Emily Mason

Last Update:

Tags: ,,,
Link: "Crypto Dad" Says XRP Is Not A Security   [Copy]
Next:

Related Articles

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 14 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 21 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 25 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 28 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... August 29, 2025

    • You need to login to comment.