๐จ *BREAKING: Rippleโs Chief Legal Officer Stuart Alderoty confirms โ โXRPโs legal status as NOT a security remains unchanged.โ* โ๏ธโ #XRP
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๐ง What does this mean?
Even though the judge *rejected the joint motion* recently (likely around settlement or remedies), the *core ruling from 2023 still stands*:
๐น *XRP is NOT a security* when traded on *exchanges* or *secondary markets*
๐น The *legal clarity* for XRP holders and retail investors is *intact*
This statement is Rippleโs way of *calming the market* and reminding everyone โ nothing major has changed in terms of *XRPโs classification*.
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๐ Why it matters:
๐ *XRP can still be listed and traded freely* in the U.S.
๐ฆ Exchanges and institutions now have *legal reassurance* to keep supporting XRP
๐ผ Ripple can continue building partnerships without legal fog
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๐ Market implications:
๐ฅ *Confidence restored*: After a court rejection, traders were jittery โ but this *reaffirmation brings stability*
๐ก๏ธ *XRP remains one of the few cryptos with legal clarity* in the U.S.
๐ Short-term dips = buying opportunities for those with conviction
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๐ง Final thoughts:
This is Ripple defending its turf. Legal process may continue, but *XRP isnโt going back to square one*. If you're here for the long game โ this is still *bullish clarity*. ๐๐ช๐
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