The rise comes despite Ripple, the fintech company behind XRP, facing a tumultuous legal challenge from the U.S. Securities and Exchange Commission (SEC) since December.
XRP's Legal Drama
The SEC accused the fintech company of raising $1.3 billion in ongoing unregistered securities sales since 2013. Ripple denies the charges, arguing instead that the regulator should treat XRP in the same way it treats Bitcoin or Ethereum—as a decentralized project.
Copying/Pasting full or partial texts with adding very little original content are frowned upon by the community. Repeated copy/paste posts could be considered spam. Spam is discouraged by the community and may result in the account being Blacklisted.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit