On October 3, 2023, Judge Analisa Torres denied the SEC appeal against Ripple.

Judge Analisa Torres unequivocally classifies XRP as a non-security. Join us as we explore the implications.

In December 2020, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple Labs, alleging that the company had sold unregistered securities in the form of its XRP tokens. The lawsuit sparked a heated debate within the cryptocurrency community, with supporters of Ripple arguing that XRP is not a security.