Ripple's victory over SEC indicates that ADA is not a security

XRP is not a security and most operations by Ripple are not considered sales of investment contracts. This suggests that ADA is almost certainly not a security either. IOG and the Cardano Foundation did not do anything illegal regarding the initial distribution of ADA coins in Japan. Their current activities are also in accordance with the law.

This article was prepared by Cardanians with support from Cexplorer.

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