Satoshi Know How
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Ripple’s 5-year battle with the SEC is finally over ⚖️
The court confirmed XRP sales on public exchanges are not securities, ending a saga that began in 2020. Ripple agreed to a $125M fine, but crucially, Judge Torres’ ruling stands: “XRP itself is not a security.”
The outcome sparked a rush of filings — 7 major firms (Grayscale, Franklin Templeton, Bitwise, CoinShares, WisdomTree, 21Shares, Canary) updated spot XRP ETF applications.
With SEC deadlines in October, approval could open US trading within days. Momentum is back on XRP’s side 🚀
The court confirmed XRP sales on public exchanges are not securities, ending a saga that began in 2020. Ripple agreed to a $125M fine, but crucially, Judge Torres’ ruling stands: “XRP itself is not a security.”
The outcome sparked a rush of filings — 7 major firms (Grayscale, Franklin Templeton, Bitwise, CoinShares, WisdomTree, 21Shares, Canary) updated spot XRP ETF applications.
With SEC deadlines in October, approval could open US trading within days. Momentum is back on XRP’s side 🚀
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XRP
3.0187
-0.21%
