XRP token is not a security, judge rules, but Ripple’s institutional sale of XRP violated the law
In a split decision on Tuesday that may have implications for future cryptocurrency regulation, a judge ruled that XRP is not a security, but that Ripple’s activities were not entirely legal. A federal judge ruled on the crypto token XRP (XRP USD) is not a security, however XRP promoter Ripple Lab’s $728.9 million sale of […]