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A U.S. judge ruled that Ripple Labs did not violate federal securities law by selling its XRP token on public exchanges.
Source: https://business.inquirer.net/410204/dollar-at-15-month-low-as-easing-inflation-firms-rate-peak-bets
That was a 71% rally as the ruling meant a huge win for Ripple Labs and the general public that trades XRP.