Ripple Triumph: Fifth Circuit Rules XRP Not a Security, SEC Injunction Rejected
SEC Smacked Down: Ripple Ruling Stands, XRP Not a Security. In a sharp rebuke to the SEC, the Fifth Circuit Court of Appeals on April 17, 2025, upheld a lower court’s decision declaring Ripple’s XRP token not a security for programmatic sales on exchanges, rejecting the agency’s bid for a broader injunction. This ruling narrows…
