A crypto lawyer has debunked a myth surrounding the possible trial between Ripple and the SEC. The lawyer clarified that only claims regarding Ripple founder Chris Larsen and CEO Brad Garlinghouse aiding and abetting Ripple related to institutional sales will be settled should the case go to trial. This clarification has led to the relisting of XRP on trading platforms. The lawyer’s revelation also suggests that XRP itself is not considered a security. This ruling is seen as a major win for firms like Coinbase, and further legal action against cryptocurrencies may prove to be fruitless for the market regulator.
AI Sentiment: Neutral
