XRP Token Not a Security, Judge Rules, But Ripple's Institutional XRP Sales Broke The Law

A judge in the SEC's case against Ripple has ruled the sales of XRP to institutional customers were unregistered securities offerings, even though the token itself may not meet the test for a security.

XRP Token Not a Security, Judge Rules, But Ripple's Institutional XRP Sales Broke The Law
A judge in the SEC's case against Ripple has ruled the sales of XRP to institutional customers were unregistered securities offerings, even though the token itself may not meet the test for a security.