Post
Topic
Board Altcoin Discussion
Re: Ripple XRP has been ruled a security
by
Yogee
on 14/07/2023, 12:03:14 UTC
It was always clear as day that it is a security,
You can't simply say that since the ruling is quite "50-50" for Ripple and SEC from what I understand. The classification depends on who it is sold to. The token per se isn't a security but it becomes one if it's sold to institutional investors. It's only a utility token if it's traded by regular investors.