In October 2012, Ripple, Larsen, and others received another memorandum from Perkins Coie which sought to “review the proposed features of the Ripple [n]etwork'
SEC v. Ripple Court Filing, retrieved on July 13, 2023 is part of . You can jump to any part in this filing . This part is 5 of 18. HackerNoon’s Legal PDF Series here BACKGROUND I. Factual Background D.
That memorandum states that “lthough we believe that a compelling argument can be made that do not constitute ‘securities’ under federal securities laws, given the lack of applicable case law, we believe that there is some risk, albeit small, that the disagrees with our analysis.” Defs. 56.1 Resp. ¶ 993; see ECF No. 846-30 at 6.
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