Post
Topic
Board Altcoin Discussion
Re: XRP Price Dives After SEC Files Charges
by
Jating
on 25/12/2020, 13:14:24 UTC
Ripple is facing a new lawsuit the price drove to really low and makes some investors panic. There are also exchanges that started to delisted Ripple (XRP) doubting Ripple can come back. https://crypto.co/technology/bitwise-sells-xrp-holdings-as-ripple-faces-a-new-lawsuit/. Well, let's see who will win between US SEC and Ripple.

I haven't seen US SEC losses it's ground to any crypto project, so although Ripple is too big, I think I will say that they have a very slim chances against the lawsuit against them. US SEC will not file this case if it is not air tight. Remember Telegram? well they SEC halted their ICO and they have to pay in millions in fine.

So I think this will be the same here, if found guilty in violation they have will have to shell out money and pay the government and then we will see how it goes.