It Will Take Another Year to Know If Ripple’s XRP is a Security or Not4

It will take more than a year to understand whether or not Ripple’s XRP is a securities asset, according to Jake Chervinsky.

The dispute and investigation lawyer, associated with a global law firm Kober & Kim, tweeted a long thread explaining the next possible course of actions in the ongoing federal lawsuit against Ripple Labs. He said that it took more than nine months for the court to decide whether the case should remain in federal or state court, adding that the court proceedings had just started.

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