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Giving additional credence to XRP Military, Byrne provides that the SEC was focused by a “large advertising and marketing marketing campaign from Ethereum promoters, and folks with massive portions of Ethereum” in order that the SEC would “depart it alone within the identify of expertise.” However there’s but extra nuance. Byrne provides that there are different causes the SEC might have chosen to prosecute Ripple and never Ethereum, together with that Ripple continues to promote XRP on secondary markets. “Should you promote tokens available in the market on January 1, and also you’re not supposed to try this, bang, that’s a violation,” says Byrne. “Should you do it once more on March 10, bang, that’s one other violation.” Due to these repeat offenses, says Byrne, “I feel it was simpler to pin the tail on Ripple.”
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