Pro-Ripple Lawyer Thinks XRP's Fate on Secondary Markets Might Be Decided By This Supreme Court Case

He adds that XRP does not magically maintain status as a"security" outside the context of the initial"contract."

Another user asked,"It means that all secondary market sales cannot be considered securities." Jeremy Hogan answered that he would not go quite that far, saying,"It's a case with similar-ish facts and a holding that would suggest the same outcome for digital asset sales." There continues to be a discussion on XRP secondary market sales, as some believe that XRP will be relisted on exchanges if the issue of whether XRP is inherently a security is addressed.explained how Ripple might get a ruling as to secondary market sales. He notes that the SEC's lawsuit contains language suggesting that XRP itself is the security, but its requests to the court in the lawsuit do not suggest anything that would confer this status on the asset.

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