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  1. The SEC has sued Ripple over unregistered security claims. In response to the legal uncertainty, Kraken pulled XRP listings, and Coinbase also suspended XRP trading.

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
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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

Some supportReported by 2 outlets

Analisa Torres ruled that XRP sold on exchanges was not a security, concurrent with Gensler's exit and market rallies driven by political events.

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What this event is mainly about

How it developed

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  1. Torres ruled on institutional sales, and the SEC charged Ripple, using the Howey test.1 source
  2. Torres rules XRP not a security; Gensler steps down; Trump's win rallies price.1 source

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The entities involved

Coverage

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