Judge Jed S. Rakoff ruled Terraform Labs’ four tokens, including LUNA and UST, as unregistered securities. Attorney Rispoli commented that XRP would have also been deemed a security if Judge Rakoff ruled it. The attorney highlighted the necessity of Congress’ action for unbiased ruling in the crypto space. Attorney Fred Rispoli shared an X post, The post Analyst Insights on Diverse Rulings- Ripple’s XRP and Terraform’s LUNA appeared first on Coin Edition .