Decoding Ripple's Ruling: A Potential Tsunami for the SEC
(https://i.imgur.com/PJlRU7pm.jpg)
In a groundbreaking decision earlier this month, the Southern District Court of New York determined that institutional sales of XRP conducted directly by Ripple constitute securities sales. However, intriguingly, XRP sales on secondary markets, specifically crypto exchanges, do not. See more for yourself here (https://news.bitcoin.com/decoding-ripples-ruling-a-potential-tsunami-for-the-sec/).
Your opinion is greatly appreciated.