XRP Prices Temporarily Spiked to $50 on Gemini

The tokens were relisted on Gemini after Julyโ€™s court order in favor of Ripple Labs, with judges ruling that the โ€œoffer and sale of XRP on digital asset exchanges did not amount to offers and sales of investment contracts.โ€ It was previously alleged Ripple Labs sold XRP, a security, to U.S. customers without adequate registration with the U.S. Securities and Exchange Commission (SEC).

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