1/
BREAKING: Judge Analisa Torres has officially closed the SEC vs Ripple case at the district court level.

This is a major step forward for $XRP and the crypto industry. Here’s what it means 🧵 2/
After nearly three years of litigation, the judge has entered final judgment in the SEC’s case against Ripple Labs.

The court reaffirmed that:
• XRP itself is not a security
• Only certain institutional sales violated securities laws
• Programmatic sales and distributions are not securities