Ripple Labs Gears Up for Celebration After SEC Win
Ripple Labs is preparing for a celebration following its recent victory against the SEC in New York City. The company will provide more details about the event in the coming week.
Key Points:
– Ripple will host a community celebration on September 29 in New York City.
– Brad Garlinghouse, the CEO of Ripple, expressed his excitement for the upcoming party.
– Judge Analisa Torres ruled in favor of Ripple, stating that XRP was not sold as an unregistered security.
– The judge distinguished XRP as a digital asset, not a security.
– The battle is not over, as an upcoming trial will address the SEC’s case against Ripple’s executives.
Ripple’s victory against the SEC is cause for celebration, and the company is eagerly preparing for a community event in New York City. CEO Brad Garlinghouse is looking forward to the party, acknowledging the challenges the company faced during the legal battle. In a significant ruling, Judge Analisa Torres declared that Ripple did not sell XRP as an unregistered security. The judge made a clear distinction between XRP as a digital asset and not a security. However, the fight is not over yet, as an upcoming trial will focus on the SEC’s case against Ripple’s executives.
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