.JoelKatz $XRP is not on SEC’s ‘crypto securities’ list, RippleCTO proudly states. Ripple
against Ripple Labs continued from late December 2020 until recently. Judge Analisa Torres issued a ruling, according to which Ripple’s XRP sales on the secondary market are not to be considered securities. However, the XRP sales made to institutional investors are.
Now the SEC considers making an appeal on this verdict. The SEC reckons that it can be successful, since just recently, after the XRP ruling was made, another US judge rejected the approach taken by Analisa Torres regarding Ripple in the case of the SEC against Terra Foundation, its founder Do Kwon, and their LUNA token.
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