#CryptoUpdate: A significant twist unfolded in the ongoing legal battle between #Ripple and the #SEC. This Thursday, Ripple registered a major victory, redefining the legal status of their #XRP tokens. A judge ruled that the sale of XRP tokens into the open market did not qualify as the sale of unregistered securities, directly contradicting the SEC’s embodiment theory. The judgment further clarified that each token sale should be evaluated individually under the Howey test, marking a massive review of the SEC’s stance. For the complete rundown on this landmark decision and its implications for Ripple, hit play! Don’t forget to like, comment, share and subscribe for more updates in the world of #cryptocurrency and #blockchain. #CryptoNews #FinTech #RippleWin #Shorts
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