SEC’s Gensler Says He’s Disappointed With Ripple Ruling on Retail Investors

07/17 19:10

SEC Chairman Gary Gensler said he was "disappointed" that a judge ruled that Ripple Labs' XRP token was not a security when it was sold on an exchange to retail investors. Regulators sued Ripple in 2020, claiming the company violated rules by raising money through sales without registering digital tokens as securities.
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