Coin

<ul class="news-points">
 <li>On July 13, 2023, Judge Analisa Torres ruled that the secondary sale of XRP doesn’t qualify as a security.&nbsp;</li>
 <li>Ripple CEO Brad Garlinghouse and CLO Alderoty celebrate the victory’s one-year anniversary.&nbsp;</li>
 <li>Garlinghouse reiterated his stance against the SEC’s efforts to smother the industry.</li>
</ul>
Ripple’s top management is marking the one-year anniversary of a landmark court ruling that declared XRP not a security, a decision they view as a major victory in their ongoing battle with the U.S. SEC. <a href="https://www.nysd.uscourts.gov/sites/default/files/2023-07/SEC%20vs%20Ripple%207-13-23.pdf" target="_blank" rel="noopener noreferrer nofollow">The ruling, issued on July 13, 2023,</a> has become a rallying point for the crypto industry as it grapples with regulatory uncertainty.
Ripple executives Brad Garlinghouse and Stuart Alderoty marked the anniversary with social media posts that not only celebrated the legal win but also took direct aim at what they see as the SEC’s heavy-handed approach to crypto regulation. Their remarks highlight the ongoing tension between the crypto industry and regulators, a conflict that has only intensified in the year since the XRP ruling.
In an early-morning tweet on July 13, 2024, Garlinghouse called the anniversary a “core memory,” underscoring the importance of the ruling for b…
The post <a href="https://coinedition.com/xrp-not-a-security-ripple-celebrates-landmark-ruling-warns-of-sec-overreach/" rel="noopener noreferrer nofollow">XRP Not a Security: Ripple Celebrates Landmark Ruling, Warns of SEC Overreach</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

XRP Not a Security: Ripple Celebrates Landmark Ruling, Warns of SEC Overreach

Coin Edition

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