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Attorney's shocking insights on SEC vs XRP and new crypto laws
In this video, I interview my lawyer friend, Johnny aka Hodl the Future, about the recent updates in the crypto industry. We discuss the recent XRP vs SEC ruling, new legislation that was introduced into the House of Representatives, and ICOs and startups who might be thinking of launching their own token.
Johnny provides insights into the current state of the crypto industry and what it means for investors. He also discusses the challenges that ICOs and startups face when launching their own tokens and how they can stay compliant with SEC regulations.
This video is a must-watch for anyone who is interested in the future of crypto.
Attorney's shocking insights on SEC vs XRP and new crypto laws
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📜 Disclaimer 📜
This video does not contain any financial advice, nor should any of the content be construed as financial advice. Crypto Clay is not a licensed financial advisor. The cryptocurrency market is a volatile place. Please proceed with caution and do your own research before making any type of investment!
00:00 - Intro
02:16 - Historical look at ICO's and their impact
07:40 - XRP vs SEC Lawsuit
16:40 - SEC's response to XRP lawsuit, Do Kwon and Coinbase Cases
18:57 - SEC's misrepresentation of the LBRY case
20:23 - Thoughts on Gary Gensler as Chairman of SEC
22:58 - Question about statute of limitations
27:20 - Why is the SEC not going after the real criminals?
29:20 - New Financial Innovation and Technology for the 21st Century Act
31:12 - Binance speculation/FTX similarities
32:11 - Other crypto bills in the works
33:05 - Jobs Act and how it effects crypto
35:39 - Coinbase has a strong defense with this CRITICAL argument
37:21 - Why lawyers refuse to touch crypto - why legislation is needed
38:00 - Message to startups looking to launch a token
41:33 - Most exciting thing in crypto as a lawyer?
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