XRP Will Go Stratospheric if Ripple Wins. What will happen to xrp after the recent news with the sec lawsuit? At the end of this ripple get what they are chasing after, regulatory clarity not only for Xrp but other cryptos. The ripple lawsuit is important because if the sec wins their case, xrp will be treated as a security and not a currency in the united states. They broke fincen rules and payed a fine. What separates this security lawsuit from similar other ones like that of block. What they are doing with Ripple is just a market move to earn a lot of money. Source as sec lawsuit is progressing, all xrp investors are watching ripple labs and jeb mccaleb closely. When the SEC process is completed or closed, the price will follow the upward wave of the other currencies and those people who bought it at 0.19 will earn fortunes. Despite the ongoing legal action and MoneyGram, Ripple’s leading partner, halting their collaboration due to the lawsuit, the price of XRP generated incredible gains in the past month. A win would mean that Ripple can put the case … Securities and exchange commission (sec) recently filed a lawsuit the sec said that the regulator filed an action against ripple labs inc. Ripple Lawsuit Win Will Not Determine XRP Fate If Ripple succeeds in its motion to dismiss, it would be a big win for the company. XRP, Ripple’s native utility token, has been stuck under $0.25 for a number of months now, as traders wait for bullish news to arrive. With the sec lawsuit that is against the ripple company there were many that cashed out on their investment and left the coin entirely, worried that it will no longer be tradable if the sec wins. against Ripple on 23 rd December for a $1.3 billion sales of an unregistered security.. What separates this security lawsuit from similar other ones like that of Block.One and Telegram in the crypto space is the fact that SEC has formally named the founder Chris Larsen and CEO Brad Garlinghouse in … Source: micky.com.au XRP Price Prediction if It Wins Lawsuit 2020 was a striking year for cryptocurrencies as it ended with the most prominent bull run since late 2017. On the flip side, if Ripple wins its case against the SEC then we can expect XRP to go not just to the moon but three times round it and then onto Mars, with exchanges relisting it quicker than you can say ‘the standard’. Ripple said it saw deeper engagement from key odl customers in the first quarter. Former us treasurer joins ripple. Two prominent lawyers in the crypto space are offering their take on the likely outcome of the U.S. Securities and Exchange Commission’s lawsuit against Ripple. disclosure I hold btc, eth and xrp. Ripple has the capital to fight this and ex sec enforcers on their board. Xrp's price sank more than 30 percent to 34 cents as of 10 a.m. But what would happen to XRP price if the US court recognized the asset as a commodity and put an end to the ongoing lawsuit? Here's everything that investors need to know about the ripple lawsuit. The Security and Exchange Commission (SEC) formally filed a lawsuit. The case between Ripple Labs and the SEC continues to make headlines four months after the regulator initiated the lawsuit at the end of 2020. I dare say the same is going to happen with this case.
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