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RIPPLE PRICE DOUBLES WITH
COURT RULING
By: www.ProfitableInvestingTips.com
https://profitableinvestingtips.com/profitab
le-investing-tips/ripple-price-double-with-
The Securities and Exchange Commission and
other regulators are cracking down on crypto
exchanges.Their argument in court cases is that
many crypto tokens are actually securities and
should be regulated as such. One of the court
cases in this regard was against Ripple Labs Inc.
whose token is XRP.
https://profitableinvestingtips.com/profitab
le-investing-tips/ripple-price-double-with-
The judge’s ruling was a split decision saying that
when XRP is sold to institutional investors it is a
security and when it is sold to anyone else it is
not. Ripple and the rest of the crypto community
are saying that they won.The SEC says they
won. Meanwhile the Ripple XRP token price
doubled with the court ruling.
https://profitableinvestingtips.com/profitab
le-investing-tips/ripple-price-double-with-
CryptoVictory Over the SEC?
https://profitableinvestingtips.com/profitab
le-investing-tips/ripple-price-double-with-
Bloomberg reports that a federal judge ruled the
Ripple Labs Inc. token, XRP, is a security in
institutional sales but not when sold to the general
public. According to federal district court judge
AnalisaTorres, sales of XRP tokens to sophisticated
investors meet the test for an investment contract
under federal securities law.This, according to the
judge, is because such buyers “would have
understood that Ripple was pitching a speculative
value proposition for XRP with potential profits.”
https://profitableinvestingtips.com/profitab
le-investing-tips/ripple-price-double-with-
The judge went on to say that the broader public
(programmatic traders) would not have been
able to work their way though all of the
statements made by Ripple Labs Inc. about the
token. Although crypto enthusiasts are happy,
so is the SEC for getting a ruling in their favor so
far as it concerns institutional investors.
https://profitableinvestingtips.com/profitab
le-investing-tips/ripple-price-double-with-
What Is the Point of the SEC Going After Crypto?
https://profitableinvestingtips.com/profitab
le-investing-tips/ripple-price-double-with-
Although we at Profitable InvestingTips are not
securities lawyers, we have an opinion about all
of this.There seems to be justification for
making crypto exchanges register their tokens
as securities and then follow all of the rules that
apply to securities. But that justification relies on
the premise that regulators are protecting
clients of these exchanges from fraudulent
activities.
https://profitableinvestingtips.com/profitab
le-investing-tips/ripple-price-double-with-
In our opinion large institutional investors are more
likely to fully understand the risks involved in crypto
tokens like XRP.The average non-institutional
investor is not. If there is anyone who needs to be
protected from crypto exchanges acting as broker
dealers as well as exchanges it is the non-
professional who buys crypto tokens. If anyone
needs to be protected by having clearing house
activities for trades separate from crypto exchange
activities it is the average trader and not the
institutional investor.
https://profitableinvestingtips.com/profitab
le-investing-tips/ripple-price-double-with-
https://profitableinvestingtips.com/profitab
le-investing-tips/ripple-price-double-with-
What Does the Ripples Labs Inc. Decision Mean
for Crypto?
https://profitableinvestingtips.com/profitab
le-investing-tips/ripple-price-double-with-
XRP tokens doubled in price on news of the ruling
regarding whether it is a security or not.Traders
are clearly of the “glass half full” opinion instead
the “glass half empty” approach taken by the
SEC which said it welcomed the ruling. If this
ruling sticks, crypto exchanges will need to
decide whether to offer different services to
institutional crypto investors than to everyone
else.
https://profitableinvestingtips.com/profitab
le-investing-tips/ripple-price-double-with-
If they are going to the trouble of doing all of the
things they will need to do to comply with
trading securities they might as well apply the
same rules to everyone. Or will they simply not
take trades from institutional investors?The SEC
probably sees the decision as having gotten
their foot in the door leading into the crypto
world.This implies, to us, that there are more
SEC actions to come.
https://profitableinvestingtips.com/profitab
le-investing-tips/ripple-price-double-with-
For more insights and useful information about
investments and investing, visit
www.ProfitableInvestingTips.com.

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Ripple Price Doubles With Court Ruling