"Unconventional Judge Disrupts $1.2 Trillion Crypto Market"
A recent ruling by Manhattan federal judge Analisa Torres regarding the digital token XRP, used by cryptocurrency company Ripple, is expected to have a significant impact on the cryptocurrency industry. The ruling suggests that small investors do not deserve the same level of protection as those working at hedge funds, causing concern and uncertainty in the $1.2 trillion crypto market. The ruling highlights the need for Congress to take control of crypto regulation and prevent potentially transformative businesses from moving to countries with more rational regulations, such as China.