Ripple, the company. It’s their XRP after all
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Incorrect. Ripple is an owner of XRP. Not a central authority on the decentralised open source ledger. Ownership, albeit a large qty, does not denote authority (ala Satoshi)
GIF
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XRP doesn’t have an issuer.
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XRP was created before the company was formed. Ripple didn’t create XRP.
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Please explain: If I create a token and sell it 100% to another company after creation, and the 2nd company can sell it to the public, does that mean that token can never be a security?
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No. In the US, something can be not a security and then become a security purely based on how its marketed, and vice versa. The test is highly subjective and facts-specific.
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Why does the ripple army try to convince people Ripple did not create xrp? How does that matter? Ripple stores in vaults 60% of supply, marketed the coin to the people, signs contracts forcing buyers not to sell.. How is it not a security?
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There is some argument that it may be more legally problematic if XRP were created by OpenCoin (Ripple Labs) rather than by individuals who gifted it to the company. Those things don't necessarily make it a security, just like De Beers' diamonds are not a securities.