U.S. Court Rules 'Ripple is Not a Security.' Is Coinbase Finally Out of Charges?

The analyzation of U.S. court ruling saying that Ripple (XRP) is not a stock will work in favor of Coinbase, which has been accused by the SEC. According to the industry on the 14th, a court ruled that Ripple sold to retail investors was not a stock. Partner lawyer Ohoon Kwon said that such a ruling was made because the court considered the transaction of retail investors through the exchange was not expected to be profitable from the company’s activities.

URL : U.S. Court Rules ‘Ripple is Not a Security.’ Is Coinbase Finally Out of Charges?