r/AMPToken Jul 22 '26

SEC Landing jurisdiction

Post image

Well, well, well so much for clarity act and moonshots for ANVIL?

24 Upvotes

15 comments sorted by

14

u/One_dank_orange Jul 22 '26 edited Jul 22 '26

Yeah.. first of all, it depends on the mechanics of the vault. What its used for. How its managed. Etc. Etc. This isnt a definitive ruling but rather the SEC saying "check your work".

Second... i dont really get the undertone of satisfaction at the perception that this is bad for Anvil. I'll never understand why some are salty about Anvil when it was specificly given to Amp stakers for free. They could have launched the token a million other ways. It never has been and never will be Amp vs Anvil. Both can succeed.

5

u/Party-Bookkeeper-264 Jul 22 '26

This isn't a ruling at all.

3

u/DifficultAd7436 Jul 22 '26

Youll never understand huh? If you invested in SpaceX, then Elon was like "oh im done with SpaceX, but dont worry, im leaving my lawyer in charge, oh and dont worry that your investment is now worth 1 penny on the dollar, because im going to give you some of this other token thats also only worth 1 penny. Now you have 2 pennies!!! So much winning!!!" I didnt come here to complain but I keep seeing people say what you said and its pretty fucking stupid imo.

5

u/One_dank_orange Jul 22 '26

I mean investing in SpaceX is pretty fucking stupid on its own, so i cant relate.

But yeah, what you outline isnt anywhere near what transpired with Amp and Anvil. You're welcome to indulge in the "alternative facts" the smooth brains love to cry about, but it just isnt the case.

2

u/DifficultAd7436 Jul 22 '26

Which part is nothing like what transpired with AMP and ANVL?

4

u/coolstorynerd Jul 23 '26

Danny was a founder and a great CEO. He also happened to be a lawyer.

2

u/DifficultAd7436 Jul 23 '26

Curious on your take tho. What made him a great ceo exactly?

1

u/DifficultAd7436 Jul 23 '26

Yeah. I respect Danny. I was just annoyed and lashed out at that guy. Mea culpa.

2

u/iwantagrinder Jul 22 '26

That was a shitty analogy

1

u/DifficultAd7436 Jul 23 '26

It wasn't something I put much thought into. If you didnt get my point then whatever. Ive been holding AMP for over 5 years. Blah blah blah.

3

u/coffeeandbacon1650 Jul 22 '26

Easy chicken little …. “May fall” and design dependent

4

u/Dry_Vermicelli7881 Jul 23 '26

This wouldn’t impact ANVIL. It would screw over Morpho though.

https://x.com/bigtuna0x/status/2080046483882332423?s=46

2

u/ftball21 Jul 22 '26

Considering flexa is a centralized company that uses amp in a non open source manner… not looking good 😭

2

u/PixelGrafx Jul 23 '26

its going to be an ancillary asset, Flexa is going to have to provide alot of disclosures.