#SECCrypto2.0

Ripple said last week that the SEC had ended its appeal of Torres' July 2023 decision that the XRP token sold by Ripple on public exchanges did not meet the legal definition of a security.

Ripple appealed another part of Torres' decision, which said that $728 million of XRP sales to institutional investors should have complied with securities laws. Alderoty said Ripple will end that appeal