Post
Topic
Board Altcoin Discussion
Re: List of altcoins SEC considers securities
by
yazher
on 20/06/2023, 06:25:16 UTC
Well they have been saying that xrp is a security for 2 years so i am still waiting for conclusion on that. Many of those i have no clue about and i am wondering why some other obvious securities are not in that list. Maybe they are too low marketcap and low visibility. But i have a feeling that this will be even longer process than anyone thinks. I might be an old man before this is settled.

I also heard this back then I thought XRP was finished after the announcement about the SEC going to get them because of some sort of illegal activities; the price of XRP at that time had dramatically decreased. But XRP is still here, and its price is still at a decent level, I wonder what happened? did they win their case against the Sec lawsuit?

I think it depends on how great the altcoins threat is to them because if they find out that certain altcoins have only small transactions or little liquidity, it won't matter to them. But this kind of negative adjustment by the SEC throughout the years has been affecting the growth of the crypto market which will slow the legalizations by other countries for bitcoin in the future.