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Giving additional credence to XRP Military, Byrne provides that the SEC was focused by a “big advertising marketing campaign from Ethereum promoters, and other people with massive portions of Ethereum” in order that the SEC would “go away it alone within the identify of know-how.” However there’s but extra nuance. Byrne provides that there are different causes the SEC might have chosen to prosecute Ripple and never Ethereum, together with that Ripple continues to promote XRP on secondary markets. “In the event you promote tokens out there on January 1, and also you’re not supposed to try this, bang, that’s a violation,” says Byrne. “In the event you do it once more on March 10, bang, that’s one other violation.” Due to these repeat offenses, says Byrne, “I feel it was simpler to pin the tail on Ripple.”
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