It has been around a year since a lawsuit has been filed against Ripple regarding their XRP cryptocurrency. Is it a security or not? Well, the original lawsuit has been amended to include SEC Guidance, release April 3, 2019, on determining if a digital asset is a unregistered security or not. Will the Courts rule in favor of the plaintiff and say that XRP is a security? Time will tell.
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ARTICLE: https://www.coindesk.com/investors-suing-ripple-cite-sec-guidance-to-argue-xrp-is-a-security
https://www.sec.gov/corpfin/framework-investment-contract-analysis-digital-assets
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