Been seeing questions asking if $LINK is a security and I want to emphasize why this definitively is not the case

The Crypto Rating Council, with some of the largest law firms in the world, deems $ETH and $LINK equally unlikely to be a security, while $XRP is extremely likely

This is because

- Chainlink is a decentralized network of independent nodes
- Team owns and uses 25% of the supply (40% circulating and 35% allocated for nodes)
- Never promised a financial return or promoted the token as an investment
- Token being used for its intended purpose

- Successfully bootstrapped networks that now secures billions for the DeFi economy
- Does not allow price discussion in any official channels
- Did not raise funds in excess of what was needed to grow the network
- Team is based out of the Cayman Islands and not the USA

This is in complete opposite of Ripple which has

- Hyped up $XRP for years as an investment to US retail
- Promised returns by continually saying "institutions are coming"
- Sold billions of tokens to pad the executives back pockets
- Mislead the public about the adoption of XRP

- XRPL is decentralization theater with the primary UNL managed by Ripple
- Engages in a large amount of market manipulation to extract value from retail
- Ripple controls the vast majority (60%+) of the supply
- Ignored warnings from their law firm that XRP was a security

There's so much more I could get into but the bottom line is that Ripple and its executives are being investigated by the SEC because of their fraudulent behaviors over the past eight years

This is entirely incomparable to Chainlink which has not engaged in any such behavior

https://www.cryptoratingcouncil.com/asset-ratings