A judge in the SEC's case against Ripple has ruled the sales of XRP to institutional customers were unregistered securities offerings, even though the token itself may not meet the test for a security.
Ripple verdict: XRP not an investment contract
SEC cites 'knotty legal problems' as reason for appealing Ripple ruling
Jose Crespo (@crespocrypto) on Threads
Judge rules that XRP is not a security in some cases, but not in others - Coinmama Blog
Bay Area Inno - Judge rules that Ripple's XRP token is not a security, but with caveat
Institutional sales of XRP were securities, court rules - CoinGeek
Jose Crespo (@crespocrypto) on Threads
ripple labs sec case: US court rules in favour of Ripple Labs in SEC case over XRP cryptocurrency - The Economic Times
Jose Crespo (@crespocrypto) på Threads
SEC Files Interlocutory Appeal, Officially Admits XRP is Not a Security
Alejandro Vasquez en LinkedIn: The Money Problem: Rethinking Financial Regulation