3 Years After The Key Ripple-SEC Ruling: How XRP Went From SEC Target to Institutional Asset
Jul 13, 2026
< 1 min read
by Chayanika Deka
for CryptoPotato

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It has been three years since Judge Analisa Torres delivered her landmark ruling that Ripple’s programmatic sales of XRP on crypto exchanges did not constitute securities transactions. This decision remains one of the most important legal moments in the history of the industry that had long been vilified by regulators.
Issued on July 13, 2023, the ruling distinguished between XRP sold to institutional investors, which the court found violated securities laws, and tokens sold on public exchanges, which it said did not constitute securities transactions.
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