What Is the Term for the Type of Court Order That Resulted from the Ripple Case?
The court order that resulted from the Ripple case was a "summary judgment." A summary judgment is a decision made by a court without a full trial, based on the determination that there are no genuine disputes of material fact and that one party is entitled to judgment as a matter of law. In the Ripple case, the court granted partial summary judgment, ruling on the legal classification of the different types of XRP sales (institutional and programmatic) based on the presented facts.