Summary Judgement is Here for the Ripple Case

https://infosec.pub/post/537350

Summary Judgement is Here for the Ripple Case - Infosec.Pub

ORDER: granting in part and denying in part 621 Motion for Summary Judgment. For the foregoing reasons, the SEC’s motion for summary judgment is GRANTED as to the Institutional Sales, and otherwise DENIED. Defendants’ motion for summary judgment is GRANTED as to the Programmatic Sales, the Other Distributions, and Larsen’s and Garlinghouse’s sales, and DENIED as to the Institutional Sales.The Court shall issue a separate order setting a trial date and related pre-trial deadlines in due course. The Clerk of Court is directed to terminate the motions at ECF Nos. 621, 625, 639, 642, 807, 824, and 836. SO ORDERED… (Signed by Judge Analisa Torres on 7/13/2023) (ama) (Entered: 07/13/2023)

ELI5 by CoinDesk:

XRP is both an unlawfully sold investment contract when sold to VCs or institutional buyers, but a perfectly lawful, “something else” when sold anonymously via cryptocurrency exchanges, or distributed to employees or by insiders.

coindesk.com/…/ripple-labs-ruling-throws-us-crypt…

What does this actually mean for those of us who bought it from exchanges? Does it just mean nothing happens except the value of our coins continues to plummet?
This is crazy! Glad to see they won though