Stuart Alderoty, CLO of Ripple, reaffirmed that XRP’s legal status as a non-security remains unchanged, a position echoed by legal experts despite the court’s decision on institutional sales
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Alderoty said in a post on Thursday on X. "Stay tuned. Either way, XRP’s legal status as not a security remains unchanged. In the meantime, it’s business as usual.
Alderoty asked the XRP community to stay tuned for their next move. Meanwhile, he noted that either way, XRP’s legal status as not a security remains unchanged.
Legal expert Bill Morgan also earlier clarified that the court ruling won’t impact XRP’s legal status.
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Appeals and institutional sales aftermath
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