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Author Topic: SEC charges Ripple and two executives with conducting $1.3 billion unregistered  (Read 229 times)
sgenuine
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December 25, 2020, 08:47:28 PM
 #21

Well, it is not yet known for sure whether there will be a trial at all. So far, everything is happening at the level of rumors. Well, whatever happens, if the court will be and the ripple will be able to win, the coin will again multiply the capital and increase the rate, since there were no such pricendents in judicial practice.
doctor877
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December 25, 2020, 09:43:55 PM
 #22

Since a while alot of people haven't been comfortable with the ripple but for the sake of trading profit opportunities, they don't let it slip off. This is a pinter to the uncertainty that clothes so many securities token.
Argoo
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December 27, 2020, 07:08:30 AM
 #23

Well, the accusations are very serious and they concern precisely the first leaders of Ripple. At this forum, the situation about the possibility of these leaders to uncontrollably issue and sell large quantities of their digital coins was repeatedly discussed, and this is now being confirmed. The SEC actually approached
December 24 with a complaint to the judicial authorities and a judicial review of these charges is inevitable. Therefore, the price of ripple, which was growing very quickly and rose to $ 0.60, fell sharply to $ 0.26 since December 22 and is now trading at $ 0.30.

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Tash
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December 27, 2020, 07:16:55 AM
 #24

The sooner xrp disappears the better for crypto.
Trying to be your own central bank never before worked, all private company trying been shut down.
SEC delivered a surprise Christmas present.

Shallow
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December 27, 2020, 08:19:09 AM
 #25

This is really a bad news for XRP and a bad time for their investors and holders especially now that the market is encouraging. But however, this highly begged the question, why would the team do such and don't they have advisers who would have told them the consequences of that endeavour they embarked on, now at this very point, they are putting lack of accountability in the minds of their investors. The truth is, this case is a huge one and if it is not tackled as soon as possible will only be dragging any sort of developement planned out down as well as dragging the price even more down also. The most challenging of the entire thing is that, it concerns the top executives of the platform, hence will likely prolong any type of resolution, so it would be wise for the entire team to look for an urgent solution so as to save their platform and investors.

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