XRP is not a security, despite Terra case ruling: Ripple CLO xrp xrpsec xrparmy xrpcommunity xrpl xrpledger xrpthestandart ripple ripplesec $xrp
was not a security. He stated that the Ripple ruling was grounded in a comprehensive factual record developed over two years, while the Terra case was just beginning, leaving room for the SEC's allegations to be initially accepted by the court.1/ The Terra case is just starting and that Judge has to accept everything that the SEC alleges as true .
Our ruling came after a full factual record was presented to the Court.Alderoty also pointed out that the Terra judge may have misunderstood the reasoning behind the Ripple judge's decision, specifically regarding the involvement of secondary market traders. According to the officer's statements, these traders cannot be considered investors if they lack crucial information about the parties they are transacting with.
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