🚨XRP NOT A SECURITY RULES JUDGE IN SEC RIPPLE LAWSUIT!! BIG WIN FOR CRYPTO!!🚀
This is is a huge win for Larsen, Garlinghouse and the #XRP community.
1. While the court rules that some of Ripple's "Institutional Sales" of XRP were investment contracts and thus, the sale of unregistered securities,
2. #Ripple's sales of XRP to "Programmatic Buyers" through Exchanges to anonymous buyers were NOT investment contracts.
3. Ripple's other distributions of XRP to employees as compensation or to 3rd parties to develop applications for XRP or XRP Ledger are NOT investment contracts.
4. Larsen and Garlinghouse's sales of XRP are NOT investment contracts. #Crypto
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