XRP Isn't a Security, Ripple Says

"We absolutely are not a security", chief market strategist at Ripple Foundation says
13 April 2018   2076

Chief market strategist at Ripple Foundation Cory Johnson in a conversation with CNBC said that XRP is not a security.

Johnson raised the issue of the classification of XRP after publication, which said that it was the status of the cryptocurrency that interfered with its addition to the american exchange Coinbase.

We absolutely are not a security. We don't meet the standards for what a security is based on the history of court law.
 

Cory Johnson

Chief market strategist, Ripple

Coinbase and Ripple discussed the possibility of adding XRP to the exchange, but they did not concern the status of XRP as a security, Johnson said.

Coinbase never ever raised the issue of whether or not XRP is a security in our discussions about listing XRP. We're 100 percent clear, it's not a security. We don't meet the standards.
 

Cory Johnson

Chief market strategist, Ripple

Coinbase also confirmed to CNBC that it had not discussed with Ripple the issue of classifying XRP, and all talks concerned more general topics.

Ripple to Move 1B XRP From Escrow

The community has reacted quite violently; at the current rate, 1B XRP is $225 000 000
02 December 2019   302

California fintech startup Ripple unlocked another $ 225 million XRP tokens from escrow account.

After the first transaction, several tranches totaling 40 million XRP went to unknown addresses. As you can see from the comments above, the community is in mixed feelings.