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Robinhood Relisting XRP Next? Ripple Defeats Gary Gensler... Again🔥
The long-running legal saga between Ripple Labs and the Securities and Exchange Commission (SEC) has finally reached its conclusion. The court determined that XRP, Ripple’s native cryptocurrency, is not a security when sold to the general public. However, the company was found guilty of selling XRP to institutional investors as an unregistered security. As a result, Ripple has been ordered to pay a $125 million fine, 94% less than the $2 Billion the SEC was demanding.
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00:00 intro…
The skinny
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