{"id":122815,"date":"2020-01-11T10:59:17","date_gmt":"2020-01-11T10:59:17","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=122815"},"modified":"2020-01-11T10:59:17","modified_gmt":"2020-01-11T10:59:17","slug":"new-evidence-suggests-that-xrp-could-be-deemed-a-security","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/","title":{"rendered":"New evidence suggests that XRP could be deemed a security"},"content":{"rendered":"

A document resurfaced on the internet providing concise evidence that Ripple created XRP and that the firm is selling the token in excess of need for profit.<\/p>\n

The lawsuit against Ripple<\/h2>\n

On Aug. 5, 2019, a new complaint<\/a> was filed against Ripple<\/a>. The filing argues that the firm\u2019s tokens are unregistered securities under the U.S. Securities and Exchange Commission\u2019s framework<\/a>.<\/p>\n

The lawsuit<\/a> also claims that the distributed ledger startup broke a number of laws in the state of California. Ripple allegedly \u201cblurred differences between Ripple\u2019s enterprise solutions and XRP to further drive demand,\u201d and \u201cpaid exchanges to list XRP, limiting the supply of XRP to drive demand.\u201d<\/p>\n

Now, evidence resurfaced<\/a> supporting the argument that Ripple was the main entity behind the development of XRP. Additionally, the data suggests that the company and its members are selling this cryptocurrency for the purpose of enriching themselves.<\/p>\n

The SEC's arguments<\/h2>\n

William Hinman, Director of the Division of Corporation Finance of the SEC, believes that there are different elements to determine if a digital asset is a security. The principal factor is whether a \u201cthird party drives the expectation of a return\u201d and if the funds are used to \u201cincrease the value of the enterprise.\u201d<\/p>\n

Hinman wrote<\/a>:<\/p>\n

\u201cHas the promoter raised an amount of funds in excess of what may be needed to establish a functional network, and, if so, has it indicated how those funds may be used to support the value of the tokens or to increase the value of the enterprise? Does the promoter continue to expend funds from proceeds or operations to enhance the functionality and\/or value of the system within which the tokens operate?\u201d<\/p><\/blockquote>\n

Based on Hinman\u2019s perspective, it seems like XRP meets all the characteristics to be deemed a security. Ripple\u2019s business model relies on selling cross-border payment solutions to banks and money transfer providers. The majority of their revenues are generated through the sales of XRP on public market exchanges and private financial institutions with the purpose of increasing the value of the company and for personal gain.<\/p>\n

Evidence suggests XRP is a security<\/h2>\n

In 2018, David Schwartz<\/a>, Ripple\u2019s CTO, admitted<\/a> that the firm\u2019s main source of revenue is the sale of XRP and that these funds are used to increase the value of Ripple.<\/p>\n

Schwartz said:<\/p>\n

\u201cA million dollars worth of XRP will always cost a million dollars. But the higher the price of XRP, the more money Ripple makes by selling XRP, the more money Ripple is worth, the more power Ripple has to incentivize partners, and soon.\u201d<\/p><\/blockquote>\n

Schwartz also revealed<\/a> that Ripple holds the majority of the total supply of XRP and acknowledged that selling software to institutions will not produce as many revenues as a small increase in the token\u2019s price.<\/p>\n

\u201cRipple will almost certainly be the largest holder of XRP for the foreseeable future. For every penny the price of XRP goes up, the notional value of Ripple's XRP goes up by six hundred million dollars\u2026 Ripple makes money by selling software to banks. But how many banks do you think Ripple would have to close to make six hundred million dollars in license\/support fees? That would equal the value of a sustained one cent increase in the price of XRP.\u201d<\/p><\/blockquote>\n

Even if there is no use case for XRP, Schwartz affirmed that Ripple integrated this token into different products, such as XRapid, to increase demand for it and increase the value of the firm's holdings.<\/p>\n

Schwartz stated<\/a>:<\/p>\n

\u201cThe reason we\u2019re doing this is to increase demand for XRP to increase the value we can extract from our stash of XRP.\u201d<\/p><\/blockquote>\n

The exponential price appreciation that XRP experienced over the last few years, has indeed helped the Ripple team increase the value of their \u201cstash.\u201d Co-founder Jed McCaleb<\/a>, who is no longer at Ripple, alone reportedly sells half a million XRP on a daily basis, according to a Bloomberg report<\/a>. Meanwhile, David Schwartz sold<\/a> 2.8 million XRP worth roughly $810,000 in 2019 and Brad Garlinghouse<\/a>, Ripple\u2019s CEO, appears to have sold<\/a> 23 million XRP in 2017.<\/p>\n

With all of these factors in mind, investors must keep a precautionary approach to XRP. It is important to consider Ripple\u2019s business model, team, and product to decide whether the firm acts in XRP holders\u2019 best interests before investing in this cryptocurrency. Only time will tell whether XRP will be deemed a security by the U.S. Securities and Exchange Commission.<\/p>\n","protected":false},"excerpt":{"rendered":"

A document resurfaced on the internet providing concise evidence that Ripple created XRP and that the firm is selling the token in excess of need for profit. The lawsuit against Ripple On Aug. 5, 2019, a new complaint was filed against Ripple. The filing argues that the firm\u2019s tokens are unregistered securities under the U.S. […]<\/p>\n","protected":false},"author":148,"featured_media":122816,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[120],"tags":[],"post_folder":[],"acf":[],"yoast_head":"\nNew evidence suggests that XRP could be deemed a security<\/title>\n<meta name=\"description\" content=\"A document resurfaced providing concise evidence that Ripple created XRP and that the firm is selling the token in excess of need for profit.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New evidence suggests that XRP could be deemed a security\" \/>\n<meta property=\"og:description\" content=\"A document resurfaced providing concise evidence that Ripple created XRP and that the firm is selling the token in excess of need for profit.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-11T10:59:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2020\/01\/xrp-lawsuit.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ali Martinez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ali Martinez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/ali-martinez\/#person\",\"name\":\"Ali Martinez\",\"url\":\"https:\/\/cryptoslate.com\/author\/ali-martinez\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/ali-martinez\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/ali-martinez\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/04\/victor-charles-profile-e1555981456737-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/04\/victor-charles-profile-e1555981456737-300x300.jpg\",\"caption\":\"Ali Martinez\"},\"jobTitle\":\"Analyst\",\"description\":\"Ali came across Bitcoin\u2019s whitepaper in 2014. He was so fascinated by the idea of a decentralized, borderless, and censorship-resistant currency that he star...\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/x.com\/satoshilatino\",\"https:\/\/www.linkedin.com\/in\/ali-martinez\"]},\"headline\":\"New evidence suggests that XRP could be deemed a security\",\"datePublished\":\"2020-01-11T10:59:17+00:00\",\"dateModified\":\"2020-01-11T10:59:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/\"},\"wordCount\":754,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"articleSection\":[\"Analysis\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/#respond\"]}],\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/\",\"url\":\"https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/\",\"name\":\"New evidence suggests that XRP could be deemed a security\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2020-01-11T10:59:17+00:00\",\"dateModified\":\"2020-01-11T10:59:17+00:00\",\"description\":\"A document resurfaced providing concise evidence that Ripple created XRP and that the firm is selling the token in excess of need for profit.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New evidence suggests that XRP could be deemed a security\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/cryptoslate.substack.com\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/advertising\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/007a137cb81e371aea61a5ed1f39fa74\",\"name\":\"Ali Martinez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/04\/victor-charles-profile-e1555981456737-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/04\/victor-charles-profile-e1555981456737-150x150.jpg\",\"caption\":\"Ali Martinez\"},\"description\":\"Ali came across Bitcoin\u2019s whitepaper in 2014. He was so fascinated by the idea of a decentralized, borderless, and censorship-resistant currency that he started accumulating BTC since then. Ali has been working as a content writer for some of the leading media outlets in the cryptocurrency industry.\",\"url\":\"https:\/\/cryptoslate.com\/author\/ali-martinez\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"New evidence suggests that XRP could be deemed a security","description":"A document resurfaced providing concise evidence that Ripple created XRP and that the firm is selling the token in excess of need for profit.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/","og_locale":"en_US","og_type":"article","og_title":"New evidence suggests that XRP could be deemed a security","og_description":"A document resurfaced providing concise evidence that Ripple created XRP and that the firm is selling the token in excess of need for profit.","og_url":"https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/","og_site_name":"CryptoSlate","article_published_time":"2020-01-11T10:59:17+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2020\/01\/xrp-lawsuit.jpg","type":"image\/jpeg"}],"author":"Ali Martinez","twitter_card":"summary_large_image","twitter_creator":"@cryptoslate","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Ali Martinez","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/ali-martinez\/#person","name":"Ali Martinez","url":"https:\/\/cryptoslate.com\/author\/ali-martinez\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/ali-martinez\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/ali-martinez\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/04\/victor-charles-profile-e1555981456737-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/04\/victor-charles-profile-e1555981456737-300x300.jpg","caption":"Ali Martinez"},"jobTitle":"Analyst","description":"Ali came across Bitcoin\u2019s whitepaper in 2014. He was so fascinated by the idea of a decentralized, borderless, and censorship-resistant currency that he star...","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/x.com\/satoshilatino","https:\/\/www.linkedin.com\/in\/ali-martinez"]},"headline":"New evidence suggests that XRP could be deemed a security","datePublished":"2020-01-11T10:59:17+00:00","dateModified":"2020-01-11T10:59:17+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/"},"wordCount":754,"commentCount":0,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"articleSection":["Analysis"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/#respond"]}],"copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/","url":"https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/","name":"New evidence suggests that XRP could be deemed a security","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2020-01-11T10:59:17+00:00","dateModified":"2020-01-11T10:59:17+00:00","description":"A document resurfaced providing concise evidence that Ripple created XRP and that the firm is selling the token in excess of need for profit.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/new-evidence-suggests-that-xrp-could-be-deemed-a-security\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"New evidence suggests that XRP could be deemed a security"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/cryptoslate.substack.com","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/advertising\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/007a137cb81e371aea61a5ed1f39fa74","name":"Ali Martinez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/04\/victor-charles-profile-e1555981456737-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/04\/victor-charles-profile-e1555981456737-150x150.jpg","caption":"Ali Martinez"},"description":"Ali came across Bitcoin\u2019s whitepaper in 2014. He was so fascinated by the idea of a decentralized, borderless, and censorship-resistant currency that he started accumulating BTC since then. Ali has been working as a content writer for some of the leading media outlets in the cryptocurrency industry.","url":"https:\/\/cryptoslate.com\/author\/ali-martinez\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/122815"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/148"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=122815"}],"version-history":[{"count":4,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/122815\/revisions"}],"predecessor-version":[{"id":122820,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/122815\/revisions\/122820"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/122816"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=122815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=122815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=122815"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=122815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}