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Ripple Ruling and Crypto Accountability
This chapter delves into a recent legal ruling that impacts the cryptocurrency industry, particularly in relation to XRP's classification as a security. It emphasizes the need for clearer regulations and discusses the potential for a self-regulatory organization to improve accountability within the sector. Additionally, the conversation touches upon industry challenges, including the struggles of Digital Currency Group and Binance, and the aftermath of the FTX collapse, highlighting the necessity for reform in the crypto ecosystem.