Ripples in the Terraform: Judges Rakoff and Torres Disagree Over Whether Exchange-Based Sales of Tokens Are Investment Contracts (Part 2 of 3)

In the second part of this three-part series, Professor Ari Gabinet dives further into the cases of SEC v. Ripple Labs, Inc. and SEC v. Terraform Labs Pte. LTD, providing a discussion about whether to classify cryptocurrency or digital tokens as “investment contracts”. 

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Ripples in the Terraform: Judges Rakoff and Torres Disagree Over Whether Exchange-Based Sales of Tokens Are Investment Contracts (Part 1 of 3)

In the first part of this three-part series, Professor Ari Gabinet explores the cases of SEC v. Ripple Labs, Inc. and SEC v. Terraform Labs Pte. LTD. The decisions made in these two court cases raises questions of whether purchases of cryptocurrency would be classified as an “investment contract” under federal securities law.

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Free Speech in the Age of Social Media

Freedom of speech has long been one of the hallmarks of American democracy, but the exact limits of which sort of speech is protected (and where) has an equally tenured history of contention. The freedom of speech has been controlled and analyzed in public school environments, and has most recently been expanded under the Supreme Court’s recent decision in Mahanoy Area School District v. B.L. The Court’s ruling has widespread implications for the freedom of speech of minors and in public settings as social media continues to grow.

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