[ptudan]

> In the exact same way, the SEC will go after any cryptocurrency "securities" that they want to, as soon as those securities blow up. Filecoin had an ICO just like a lot of other securities, but seemingly because it hasn't blown up, the SEC hasn't come knocking yet. It's just an evidence collection game.

When did XRP blow up? I don't think the SEC is waiting for a rug pull or system failure to sue.