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.