Ripple, SEC Claim Victories In Split Ruling On Token's Status

By Aislinn Keely (July 13, 2023, 2:07 PM EDT) -- In a milestone in the U.S. Securities and Exchange Commission's case against Ripple Labs, a New York federal judge ruled Thursday that the blockchain firm's XRP token was a security when it was sold directly to institutional investors, but not when it was sold on public exchanges....

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