[choppaface]

Ripple still faces over $700m of unregistered security sales as part of the decision.

[wonderwonder]

That's really not a lot of money for them to lose. This is a massive win for them and alt coins in general.

[choppaface]

The liability to “sophisticated investors” prevents immediate dismissal. Now the court gets to see that complicated institutionals were speculating on XRP, and that means the Court will get to consider how easy it was to speculate or “invest.” XRP requires no mining, it’s a share offering no different than any security sale.

[DANmode]

That's the value of the alleged financial crime transactions crimes they committed...not the value of the penalties.

[LatteLazy]

You don't have to register to sell to qualified investors right (which those were)?