Crypto
Ripple\'s David Schwartz says SEC trying to rewrite history, reviving dispute over XRP non-security ruling
Ripple Chief Technology Officer David Schwartz challenged the view that the U.S. Securities and Exchange Commission only took issue with how Ripple sold XRP during the lawsuit. He called it an attempt to \"rewrite history\" and said the regulator advanced broader arguments that XRP holders expected profits based on Ripple\'s efforts, including for exchange-traded XRP. The debate resurfaced on the third anniversary of a 2023 ruling that XRP itself is not a security, while some institutional sales violated securities laws.
