Analisa Torres ruled that XRP sold on exchanges was not a security, concurrent with Gensler's exit and market rallies driven by political events.
2 reports, 2 independent
Updated Sep 7
Gone quiet
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- 2
- Developments
- 2
- Repetition
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New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Analisa Torres ruled that XRP sold on exchanges was not a security, concurrent with Gensler's exit and market rallies driven by political events.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Torres ruled on institutional sales, and the SEC charged Ripple, using the Howey test.1 source
Torres rules XRP not a security; Gensler steps down; Trump's win rallies price.1 source
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The entities involved
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Ripple
creator and a developer of the Ripple payment protocol and exchange network.
Nothing else this week.
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Analisa Torres
United States District Judge
Nothing else this week.
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Gary Gensler
American former government official