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Judge rules Ripple's XRP a security in some cases, but boosts crypto industry hopes

  • Ripple scored a partial win as a judge ruled XRP is not a security when sold on exchanges.
  • The ruling undermines the SEC's argument that most cryptocurrencies are securities.
  • XRP and other major cryptocurrencies rallied strongly following the decision.
  • Crypto platforms like Coinbase welcomed the ruling ahead of their own battles with the SEC.
  • But the judge also found Ripple violated laws by selling XRP directly to institutions.
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