In September 2023, Ripple's native token, XRP, was delisted from the green list by the New York Department of Financial Services (NYDFS).
This move was met with strong opposition from James Murphy, a pro-Ripple lawyer, who demanded that the financial body provide justification for the removal of XRP.
A recent interview with a US lawyer revealed that investigations are ongoing regarding the delisting of XRP.
The legal sentiments towards such digital assets continue to evolve affecting the dynamics of the cryptocurrency market.