July 13, 2023
A U.S. District Judge ruled Thursday (July 13) that cryptocurrencies sold to institutional investors by Ripple are securities under federal regulations. “Institutional buyers would have understood that Ripple was pitching a speculative value proposition for XRP with potential profits to be derived from Ripple’s entrepreneurial and managerial efforts,” U.S. District Judge Analisa Torres wrote in the decision, […]
