XRP Fails Howey Test and Is Not a Security, Says Former CFTC Chairman Christopher Giancarlo

In an op-ed released on Wednesday, former Chairman of the US Commodity Futures Trading Commission (CFTC) Christopher Giancarlo and his colleague Conrad Bahlke argue that XRP is not a security. Giancarlo, who is currently senior counsel at Willkie Farr & Gallagher, and Bahlke both work on behalf of Ripple, a client of Willkie Farr & … Continue reading XRP Fails Howey Test and Is Not a Security, Says Former CFTC Chairman Christopher Giancarlo