Hi there!
We're a team of NYC-based lawyers on a mission to bring you the most useful and up-to-date legal analysis of the crypto world.
Check out our first Medium post here:
https://howeyfeeling.medium.com/what-the-ripple-complaint-tells-us-about-ico-tokens-afe3c36f100fTL;DR: We explain how the Howey Test, which determines whether or not an asset qualifies as a security, applies to XRP. I then give a point-based score for how XRP fares under each prong of that test (spoiler alert: not well). Going forward, I will run this same analysis for a different altcoin each week, starting with Stellar Lumens and NEO Gas.