The SEC's Disappointed in the Ripple Decision

The SEC chair, Gary Gensler, said he was both pleased and disappointed with the Ripple decision. There is some sunshine for the SEC in the Ripple decision, not much, but there is some because it was only a partial victory for Ripple. Judge Torres drew a line between XRP tokens that were sold by Ripple Labs directly to institutional investors. Those sales are more akin to currencies or other sorts of things like Bitcoin.