# How Ripple's Win Reshapes Crypto with Paul Grewal & Mike Selig *Author: Ryan Sean Adams* *Published: Jul 14, 2023* *Source: https://www.bankless.com/how-ripples-win-reshapes-crypto-with-paul-grewal-mike-selig* --- A U.S court has ruled that XRP is not a security, and if XRP is a security then what implications does this have for other tokens? --- TIMESTAMPS 0:00 Intro 4:18 Great Day to Be a Lawyer 7:47 Was This a Surprise? 9:27 TLDR on the Ripple Case 16:08 What is a Security? 20:18 How Binding is This Decision? 27:05 Establishing a Precedent 31:47 SEC's Argument Falling Apart? 38:28 Opening The Door to More Tokens 42:37 What Does This Mean for Token Holders? 47:57 How Does This Impact US Regulation? 53:29 The Fight Ahead --- RESOURCES: Mike Selig https://twitter.com/MikeSeligEsq Paul Grewal https://twitter.com/iampaulgrewal --- *This article is brought to you by [MetaMask](https://www.bankless.com/sponsor/metamask-1776260643?ref=how-ripples-win-reshapes-crypto-with-paul-grewal-mike-selig)*