Jan. 07, 2021
Regarding your attempt to classify the digital asset XRP as a security, I am appalled at the blatant disregard in your attempt to bring this matter before the Court 2-3 years after the five year Statute of Limitations has run. This is nothing more than a vague and vindictive attempt to cause havoc not only to the company, Ripple, but also the digital asset XRP while drastically negatively impacting the investments of those who have invested in this digital asset. No other country has deemed XRP a security. Japan has determined it to be a digital asset and the UK has deemed it “not a security”. In bringing this matter, the SEC is in direct opposition to other G7 and G20 countries as to the classification of a digital asset. It is the responsibility to do what it was empowered to do by the Securities and Exchange Act of 1934...be the voice and protector of investors. This is why the commission was founded and what everyone working in that commission is paid to do with taxpayers’ money. Do your job, please. Respectfully, Mary Bell Koch