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Ripple token not a security in retail sales, judge rules in partial win for crypto

Por: MarketWatch Politics July 13, 2023

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The price of XRP soared more than 60% following the ruling Thursday, according to FactSet. Ripple CEO Brad Garlinghouse celebrated the news in a tweet. The Securities and Exchange Commission sued Ripple Labs and Garlinghouse in 2020, alleging that XRP is a digital-asset security that they sold illegally without registering with the regulator. Federal courts follow the so-called Howey test to determine whether a transaction is an investment... + full article



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