In July 2023, Judge Analisa Torres ruled that XRP sales on public exchanges do not violate securities laws 🎉. This was a victory for Ripple! However, institutional XRP sales were still deemed unregistered securities 🚨.
Conclusion: Ripple defended the right to use XRP on public markets, but institutional sales remain in question ⚖️. If you're interested in investing in XRP, stay tuned for updates! 💡📈