But the best argument in favor of impact litigation is the industry’s track record in court. Last year, Ripple Labs scored a big victory over the SEC when Judge Torres declared that secondary sales of XRP were not securities transactions, among other important rulings. Similarly, Uniswap Labs won a thoughtful opinion from Judge Failla — who will also decide the Coinbase case — describing the nature of smart contracts and carefully distinguishing the protocol, user interface, software developers and token creators in determining liability. And Grayscale convinced a panel of three circuit judges to…
From ‘Node Sales’ to ‘Address Poisoning,’ the Money’s in Crypto
NODES FOR SALE: It's the blockchain industry's latest innovation – not in technology, but in how to round up cash from investors. "Node sales" involve selling blockchain nodes directly to...