The historic decision in the Ripple case has reinvigorated the cryptocurrency market. A US judge ruled that Ripple’s sales of XRP did not constitute an investment contract. Following the announcement of the decision, Ripple CEO Brad Garlinghouse made striking statements on Twitter. Historic Decision in the Ripple Case The lawsuit filed by the US Securities and Exchange Commission (SEC) against Ripple has become a symbol of tension between crypto companies and financial regulators over the years. Both Ripple and the SEC have faced intense criticism during this process, and the ongoing legal battle between the financial regulator and the XRP issuer has become one of the most controversial topics in the crypto ecosystem. Meanwhile, a development that could be considered a turning point for XRP occurred during the day. The judge in the Ripple case ruled that Ripple’s sales of XRP did not constitute an investment contract. Following the court’s […]
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