Subject: S7-25-20
From: Ryan Mosley
Affiliation:

Jan. 07, 2021


XRP is not a security and SEC actions to classify it as such are tantamount to currency manipulation.
Jay Clayton issuing the suit and resigning the next day is clear evidence of his vendetta against XRP, and Ripple, and the crypto industry as a whole. 
SEC claims fail the Howey test
The details around xrp price manipulation should be treated as a separate criminal/civil case for currency manipulation but XRP is not a security
 
I invested in XRP with no knowledge of Ripple’s value add, nor any expectations of shared value
 
 
Ryan Mosley 
Product R&D Section Manager 
Chassis and Controller Domain