The fate of Crypto Alts could be decided by a federal ruling on whether XRP is a security or whether It exists independently of Ripple the company. Ripple CEO Brad Garlinghouse claims *If Ripple the company shut down tomorrow, the XRP ecosystem would continue to exist. It’s independent, open-source technology. From an ownership point of view, owning XRP doesn’t give you any ownership of Ripple equity. And ultimately, XRP has a lot of utility, so to me it’s quite different than what a security looks like.*
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