Respond to all three questions, based on the information presented in the attached case:
(1) Does the case fall under the jurisdiction of the SEC? Why or why not?
(2) What type of investment vehicle is XRP? Why?
(3) What is an appropriate investment strategy for XRP? Why?

Write at least 200 words per question, but be concise and specific.

Submit a Word file: Font Times New Roman, font size 12, double-spaced, 1-inch margins. Add page numbers.