Ripple is a security when sold to institutional investors but not to the general public!

A federal judge ruled that Ripple is a security when sold to institutional investors but not to the general public. The judge said the crypto company's sale of XRP tokens to sophisticated investors met the test for investment contracts under federal securities laws because those buyers "would understand that Ripple is advancing a speculative value proposition for XRP with potential returns." $XRP #RippleNews #securities