XRP is under attack from the U.S. government. The United States Securities & Exchange Commission is alleging that the XRP token sale by Ripple Labs in 2013 was illegal due to the fact they should have registered XRP as a security. The Ripple Labs team holds out that the token sale was not illegal and XRP is not a security. They hold strong to the fact that XRP is in fact a utility and should never have been registered as a security since it isn’t one. This case has tons of implications in the world of crypto that will have resounding effects on the entire market for years to come. Today we are going to look at this case & why it is so incredibly important to the landscape of crypto. And more importantly, what other coins could be in the crosshairs of the SEC after XRP. Find out whether you should be preparing for crypto Armageddon.
But I feel that Once the. News die down, xrp will peak back