Ripple XRP Victory: Public Exchange Sales Aren’t Securities; Institutions Face SEC Penalties
SEC Slaps Down: Ripple XRP Ruling Stands, Exchanges on Notice In a sharp rebuke to the SEC, the Fifth Circuit Court of Appeals on April 17, 2025, upheld a lower court’s decision that Ripple’s XRP sales on public exchanges aren’t securities, while greenlighting SEC penalties for institutional deals. This split ruling hands a partial win…
