@SAI1176
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RIPPLE VS SEC LAWSUIT EXPLAINED BY @SAI1176 XRP
Case Summary:
- SEC accuses Ripple of selling XRP as unregistered security ($1.3 Billion worth)
- Ripple argues : XRP is a utility token, not a security
- Key Dates:
1. Lawsuit filed: Dec 2020
2. Ripple's defense filed: Jan 2021
3. Current status: Awaiting summary judgment
Possible Outcomes:
1. Ripple wins: XRP price expected to surge 50-100%
2. SEC wins: XRP price could drop 30-50%
3. Settlement: Price volatility expected, then stabilization
*Recent Updates:*
- Ripple CEO confident they'll win
- SEC faces criticism for unclear crypto regulations...
I'm 80% confident Ripple will WIN this lawsuit!
Do you think XRP will hit $5 after a Ripple win???
$XRP
$BTC
$ETH
RIPPLE VS SEC LAWSUIT EXPLAINED BY @SAI1176 XRP
Case Summary:
- SEC accuses Ripple of selling XRP as unregistered security ($1.3 Billion worth)
- Ripple argues : XRP is a utility token, not a security
- Key Dates:
1. Lawsuit filed: Dec 2020
2. Ripple's defense filed: Jan 2021
3. Current status: Awaiting summary judgment
Possible Outcomes:
1. Ripple wins: XRP price expected to surge 50-100%
2. SEC wins: XRP price could drop 30-50%
3. Settlement: Price volatility expected, then stabilization
*Recent Updates:*
- Ripple CEO confident they'll win
- SEC faces criticism for unclear crypto regulations...
I'm 80% confident Ripple will WIN this lawsuit!
Do you think XRP will hit $5 after a Ripple win???
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
XRP
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