| gptkbp:instanceOf | gptkb:law 
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                                | gptkbp:allegation | unregistered securities offering 
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                                | gptkbp:appealsTo | ongoing as of 2024 
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                                | gptkbp:defendant | gptkb:Chris_Larsen gptkb:Ripple_Labs
 gptkb:Brad_Garlinghouse
 
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                                | gptkbp:defenseAttorney | XRP is not a security 
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                                | gptkbp:filingDate | 2020-12-22 
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                                | gptkbp:impact | precedent for crypto regulation in the US 
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                                | gptkbp:judge | gptkb:Analisa_Torres 
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                                | gptkbp:jurisdiction | gptkb:United_States_District_Court_for_the_Southern_District_of_New_York 
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                                | gptkbp:mediaCoverage | extensive 
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                                | gptkbp:plaintiff | gptkb:U.S._Securities_and_Exchange_Commission 
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                                | gptkbp:relatedTo | gptkb:Howey_Test cryptocurrency regulation
 
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                                | gptkbp:result | Partial summary judgment in 2023 
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                                | gptkbp:RippleLabsCEO | gptkb:Brad_Garlinghouse 
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                                | gptkbp:RippleLabsFoundedBy | gptkb:Chris_Larsen 
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                                | gptkbp:ruled | XRP is a security when sold to institutional investors XRP not a security when sold to public
 
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                                | gptkbp:rulingDate | 2023-07-13 
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                                | gptkbp:SECArgument | XRP is an unregistered security 
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                                | gptkbp:subject | gptkb:XRP_cryptocurrency 
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                                | gptkbp:bfsParent | gptkb:SEC_(US) 
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                                | gptkbp:bfsLayer | 8 
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                                | https://www.w3.org/2000/01/rdf-schema#label | SEC v. Ripple Labs 
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