Hi all, hope all is well!
Let's start discussing the latest news with the updates if possible... I live in Turkey and there is no update that I can reach for now.. After the peak about 10 hours ago, XRP is going down. Should I keep and buy more at a lower price or should I let it go?
ps:
- Unfortunately, I have fired because of that covid **** 5 weeks ago and I m trying to survive with my compensation until I got a new job.
- I am not talking about thousands of $ for buying.
Please let me know your thoughts about the expectations in the future like 2-3 weeks in both scenarios positive/negative for Ripple.
Cheers!
I may be wrong but i think SEC has wrongly put up this case as xrp is not a security which it is accused in this case because we all know it does not share profit with users secondly a regulator from Japan has already cleared xrp from this allegation. The only thing sec could accuse was not registering its tokensale and for that a settlement could have been met outside the court.
Japan and US are very different though, so we can't compare their regulatory framework as far as Ripple goes. But the good news is that Ripple can go and move to Japan because they are very welcome there. Again, Ripple is facing a government body which job is to protect the US citizens. So it will be a hard pressed to win against an independent regulatory body such as the US SEC, just saying.