U.S. District Judge Analisa Torres said Ripple Labs Inc’s institutional sales of its XRP digital token violated federal law because they constituted the unregistered offer and sale of investment contracts, according to a ruling on Thursday.
U.S. District Judge Analisa Torres said Ripple Labs Inc’s institutional sales of its XRP digital token violated federal law because they constituted the unregistered offer and sale of investment contracts, according to a ruling on Thursday.