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The lawsuit between Ripple and the US financial regulator SEC witnessed a major event in recent days. Crypto money exchanges saw XRP as a risk after this lawsuit and removed it from their platforms. The SEC, on the other hand, stated in its own words that this situation will not pose a risk for the stock markets.
↪️XRP Reviews
So what exactly do experts' opinions point to XRP and is it possible for investors to get re-listing news from leading exchanges? In the statement made by the SEC, it was emphasized that only Ripple and Ripple affiliates will be held responsible for the announcement of XRP as a security. This was clear evidence that the stock markets would not be affected by the event.
However, the famous lawyer Jesse Hynes emphasized that the statement of participation is very ambiguous in his statement on the subject. Hynes emphasized that individuals or institutions that meet the definition of participation in accordance with Article 405 of the Securities Laws can also be intermediaries that have direct or indirect effect on the purchase and sale of an asset. This suggests that crypto exchanges could actually be included in the affiliate status in the Ripple case.
↪️Lawyers Undecided About XRP
Another famous lawyer Jeremy Hogan made statements that caught the attention of investors on this issue. Hogan stated that there is an emphasis on "control" in the continuation of this article and stated that Coinbase is not controlled by #Ripple.
#Coinbase needs to be seen as a broker to be held accountable here. Although the crypto currency exchange does not fully meet this definition, lawyers stated that the differences may not be observed in the case. However, for this to happen, #XRP must be considered a security.
↪️Will XRP Be Listed Again?
XRP investors, on the other hand, organized a serious campaign on Twitter after these events and demanded that the exchanges that made XRP delusional list it again. In particular, the US-based cryptocurrency exchanges delisted XRP , which had a devastating effect on XRP price . However, if the exchanges list the XRP again, it could change everything and bring the price back to the old level.
Even just listing XRP on the Coinbase cryptocurrency exchange can change a lot for investors. However, taking such a step by Coinbase, which is in the public offering phase, may result in a huge loss in terms of regulation.