Ripple Labs records another small win against SEC1️⃣
Ripple (XRP) is one of the strongest cryptocurrencies of today, gaining over 11%, which is twice as much compared to other major cryptocurrencies such as Litecoin or Bitcoin. Ripple is gaining ground today after another small victory in its court battle against the SEC. The whole case is related to the fact that the SEC has been trying to prove for several months that Ripple Labs committed illegal issuance of securities without a permit, of course in the form of the Ripple cryptocurrency (XRP). This time, the case concerned the possibility of inspection by the SEC (Securities and Exchange Commission), legal communication conducted by Ripple Labs. In this case, the court indicated that in this case there is a secrecy related to the client-attorney relationship.
Ripple's price broke today above the neckline of the head-to-shoulders formation. Currently, the cryptocurrency is testing the "parity" area in relation to the dollar, i.e. the $ 1.00 level. Source: xStation5
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile appThis content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
