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Bitcoindunyamiz
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New SEC Victory from Ripple! XRP is on the Rise
THERE ARE VERY IMPORTANT DEVELOPMENTS.
The US Securities and Exchange Commission (SEC) filed an application last Thursday to withdraw its accusations against Ripple CEO Bradley Garlinghouse and former executive Christian Larsen. Following the news, XRP increased by 10% to $ 0.52.
Both men were preparing to testify in court in April. They were accused of allegedly violating securities laws regarding the sales of Ripple's digital currency, XRP. While these accusations were leveled against the two executives, Ripple Labs was not expected to be included as a defendant in the jury trial that would take place in the spring.
The US Securities and Exchange Commission (SEC) filed an application last Thursday to withdraw its accusations against Ripple CEO Bradley Garlinghouse and former executive Christian Larsen. Following the news, XRP increased by 10% to $ 0.52.
Both men were preparing to testify in court in April. They were accused of allegedly violating securities laws regarding the sales of Ripple's digital currency, XRP. While these accusations were leveled against the two executives, Ripple Labs was not expected to be included as a defendant in the jury trial that would take place in the spring.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
XRP
2.4908
+5.88%
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