The XRP security lawsuit questioning the legal status of XRP as security is seemingly turning towards the plaintiffs. Jake Chervinsky, Compound’s general counsel, said that last week a district court judge gave the green light to hear the said case. The Ripple legal team sought the case’s dismissal, but the ruling went against them, and now its legal status will be explored. Yes, and not just a probability — the major remaining issue is whether XRP was a security during the relevant time period. — Jake Chervinsky (@jchervinsky) February 26, 2020 Jake says that this new development spells a victory
