Another report came out a week ago that the UK treasury has classified XRP as non-security asset and this is different from the law suit by the US SEC filed against XRP.
Will this mean the XRP might be back to it's position in the Cryptocurrency community soon?
We are not really sure if they are going to be surviving this, or do they plan on moving from the US to another location? Even that is going to affect them, because if they should leave the US and move to another country they are going to be affected since they will have start from the scratch.
Another problem they are having now is that a lot of exchanges including Coinbase, BitStamp, Okcoin and a lot of them have delisted XRP from their exchanges, a lot of investors are dumping their XRP tokens because of the fear of what will follow, the value has dropped heavily more than fifty percent.