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Ripple’s XRP token was a security sometimes, a judge rules
Ripple’s XRP token was a security sometimes, a judge rules Illustration by Alex Castro / The VergeRipple’s XRP token was an investment contract when the company sold it to institutional investors, a judge ruled today. The case, brought by the Securities and Exchange Commission, is one of the biggest in determining whether tokens are securities. Though this is an intermediate ruling in a larger case, it’...
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