Ripple's Chief Legal Officer released an orange artwork titled "Not a Security."

According to Foresight News, Ripple's Chief Legal Officer Stuart Alderoty released an image of an orange artwork similar to the banana artwork, captioned "I call it 'Not a Security', starting bid at 5 million dollars, serious inquiries only." Meanwhile, a meme coin named Not a Security (NAS) launched on pump.fun 40 minutes ago, and its current market capitalization is 3 million dollars.