Gensler did not give a yes or no answer to a question about whether XRP is a security. For over two years, the SEC has been involved in an intense legal battle with Ripple over allegations that the blockchain company offered and sold unregistered security in the form of XRP. The SEC has maintained that The post SEC v. Ripple: Gary Gensler Refuses to Call XRP a Security in Congressional Hearing first appeared on The Crypto Basic .