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EnglishWhat are the options for XRP now that is getting sued by the SEC?

If it deemed to be a security, is it likely that it will be delisted by US based crypto exchanges like Coinbase and others? Currently it is getting a lot of sell pressure and seems like it was a primary funding method for Ripple...

serenity75 4 weeks ago
    Tags:
  • Ripple
  • Xrp
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Jack Ryan 4 weeks ago
The Securities and Exchange Commission (SEC) in the United States has decided to file a lawsuit against Ripple after years of legal fighting. Explaining that cryptocurrencies such as Bitcoin and Ethereum are not securities, the SEC decided that XRP, unlike them, is securities. On that basis, the regulator accused ripple of irregularities. xrp has been delisted in many places, but xrp, one of the 3 largest coins in this market, I think the SEC can't completely erase a coin invested by thousands of people from the market. because the world's biggest banks are working with xrp. Elon Musk said he'd buy a coin, maybe it could be xrp. :)
serenity75 3 weeks ago
Musk is probably trolling... If it gets delisted for US customers it will definitely be a blow...
Jack Ryan 3 weeks ago Correct
For ripple, I think these are a chance to drop prices and collect from below. In Japan, they were sued and won this way. ripple saw $ 3 as its peak and I think it will come back to those levels.
Deepak Puri 3 days ago
We're looking. $0.20 soon. Next target.
Further, after this target.......
Deepak Puri 3 days ago
Delisting.. NEVER🤣
Play the game and Enjoy
to get Profit 🏌️‍♂️🏌️‍♀️🏌️‍♂️🏌️‍♀️🏌️‍♂️🏌️‍♀️
Salman Ahmed 3 weeks ago
Ripple has pushed back aggressively for years on the notion that XRP is a security. The company notes it does not have discretion to tap the reserve funds as it wishes, and that XRP has become increasingly decentralized as banks and other merchants use it as a bridge currency in cross-border transactions. According to Garlinghouse, the SEC regarding XRP as a security controlled by Ripple is akin to viewing oil as a security controlled by Exxon.
serenity75 3 weeks ago
Hmm, so you are saying the fight is on in courts meanwhile the delists are happening...
salman khan 3 weeks ago
its a good time to purchase
Erdi 3 weeks ago
Even if it is considered a security, only America will be affected. After all, you can also evaluate XRP on other platforms, such as Binance. There are as many buyers as there are sales pressures. It needs some time, and then it'll rise.
serenity75 3 weeks ago
So XRP options is to be delisted and slowly bleed out?
Olendran 3 weeks ago
XRP is breaking the Major S/R Level on the SEC news
Olendran 3 weeks ago
It will get 0.6 levels again, good chance to duplicated capital
serenity75 3 weeks ago
What are XRP options???
Olendran 3 weeks ago
short-term rise to 0.6 to double capital, in the long term it always remains the possible fundamental key for banks to introduce digital currencies to World so you imagine what it’s means
Olendran 3 weeks ago
Expect the same from all U.S.-based exchanges👆🏻. Avoid adding xrp in your portfolio⛔️ It will be delisted january 13, 2021
Varun Sahu 3 weeks ago
The SEC is set to bring a lawsuit against Ripple claiming the company violated laws against selling unregistered securities when it sold XRP to investors.
Ripple CEO Brad Garlinghouse said the SEC’s suit was “fundamentally wrong as a matter of law and fact” and questioned its timing.
XRP declined sharply following news of the expected SEC suit, with the cryptocurrency falling over 17% to around 46 cents.
Raghavendra V Shenoy 3 weeks ago
Depends on the court ruling and then that will apply only to the USA.
adi 3 weeks ago
The SEC has permitted XRP to function as a currency for over eight years, and we question the motivation for bringing this action just days before the change in administration.
thewelat7 3 weeks ago
Ripple, SEC tarafından dava edileceğini söyledi. Kripto para sektörünün en önemli şirketlerinden biri olan Ripple, Pazartesi akşamı Menkul Kıymetler ve Borsa Komisyonu’nun (SEC) lisanssız menkul kıymetlerin satışı iddiasıyla şirkete karşı bomba gibi bir dava açmaya hazır olduğunu söyledi.

Davada Ripple CEO’su Brad Garlinghouse ve kurucu ortağı Chris Larsen de sanık olarak gösterilecek. SEC sözcüsü Judith Burns, dava hakkında yorum yapma veya dava olacağını teyit etme talebini reddetti. SEC’e göre Bitcoin (BTC) ve Ethereum (ETH) gibi kripto para birimleri menkul kıymet değil. Fakat, XRP menkul kıymet. Bu nedenle de Ripple usülsüzlükle suçlanıyor.


Ripple’in dava açılmak üzere olduğunu açıklama kararı alışılmadık bir karar. Garlinghouse, gelen Biden yönetiminin, kripto para birimi endüstrisine Trump yönetiminden daha dostça yaklaşabileceğini öngördü ve Ripple’ın önleyici duyurusunun siyasi bir bileşeni olabileceğini öne sürdü. Garlinghouse ayrıca SEC’in tatilden hemen önce dava açma kararını da patlattı ve Ripple’ın davayla mücadele edeceğini söyledi. Garlinghouse, şunları söyledi:

“Şok edici. Bu, tüm kripto para endüstrisine ve Amerikan yeniliğine yönelik bir saldırı.”
thewelat7 3 weeks ago
Ripple said it would be sued by the SEC. Ripple, one of the most important companies in the cryptocurrency industry, said Monday evening that the Securities and Exchange Commission (SEC) is ready to file a bomb-like lawsuit against the company, alleging the sale of unlicensed securities.

Ripple CEO Brad Garlinghouse and co-founder Chris Larsen will also be cited as defendants in the case. SEC spokesman Judith Burns denied a request to comment on the case or confirm that there will be a lawsuit. Cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) are not securities, according to the SEC. However, XRP is a security. For this reason, Ripple has been accused of irregularity.


Ripple's decision to declare that a lawsuit is about to be filed is unusual. Garlinghouse predicted that the incoming Biden administration could be more friendly to the cryptocurrency industry than the Trump administration, and suggested that Ripple's preemptive announcement could be a political component. Garlinghouse also blew up the SEC's decision to file a lawsuit just before the holiday and said Ripple would fight the case. Garlinghouse said:

"Shocking. This is an attack on the entire cryptocurrency industry and American innovation. ”
thewelat7 3 weeks ago
Ripple CEO Brad Garlinghouse and co-founder Chris Larsen will also be cited as defendants in the case. SEC spokesman Judith Burns denied a request to comment on the case or confirm that there will be a lawsuit. Cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) are not securities, according to the SEC. However, XRP is a security. For this reason, Ripple has been accused of irregularity.
thewelat7 3 weeks ago
Ripple CEO Brad Garlinghouse and co-founder Chris Larsen will also be cited as defendants in the case. SEC spokesman Judith Burns denied a request to comment on the case or confirm that there will be a lawsuit. Cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) are not securities, according to the SEC. However, XRP is a security. For this reason, Ripple has been accused of irregularity.
Boxer Bala 3 weeks ago
The XRP cryptocurrency is changed by payeer app by simple steps. Firstly, download the app . Secondly, register into the payeer account. Thirdly, copy your XRP address and tag
Christian Okeke 3 weeks ago
I think that this is only a move to shake off weak hands.

So far, XRP's team moves have helped to both increase popularity and fish out weak hands.
First was the Flare airdrop, and the FUD after, now this.

Either that, or somebody somewhere is just playing with the minds of the general public.
Ripple has come to stay.
Alex 3 weeks ago
I think we'll have to wait until SEC suit gets resolved. Untill that happenes price will vary but with xrp being delisted from so many exchanges we could possibly see a very low price of xrp in the range of 0.10 - 0.20.
Great for making some money with all the dips tho.
Evan 2 weeks ago
While it’s unfortunate the SEC is targeting Ripple, and it’s sure to impact the price in the near term, I feel confident this lawsuit won’t hurt XRP in the long run.

Here’s the reason:

First, Ripple has the money to hire the best attorneys on the planet and go toe-to-toe with the SEC. It even hired former SEC chairwoman Mary Jo White as its representative back in 2018 in a separate case.

And I don’t think the SEC’s case holds water. XRP is now more of a utility token than ever because it’s used on Ripple’s on-demand liquidity (ODL) network. And if XRP is used as a utility token for network usage, it’s harder to classify it as a security, right?

And I’m still enthused about Ripple’s potential. Over 350 financial institutions use its payment network, RippleNet, to receive payouts in more than 40 currencies across 55-plus countries. These RippleNet members can settle transactions in three to five seconds, compared to the days it could take traditional services and a high % transaction fee.

Yes, short term volatility is expected with XRP. It is also having a ripple effect (sorry) on other altcoins. But long term XRP is a buy. Consider buying on dips and stay the course!.
Evan 2 weeks ago
While it’s unfortunate the SEC is targeting Ripple, and it’s sure to impact the price in the near term, I feel confident this lawsuit won’t hurt XRP in the long run.

Here’s the reason:

First, Ripple has the money to hire the best attorneys on the planet and go toe-to-toe with the SEC. It even hired former SEC chairwoman Mary Jo White as its representative back in 2018 in a separate case.

And I don’t think the SEC’s case holds water. XRP is now more of a utility token than ever because it’s used on Ripple’s on-demand liquidity (ODL) network. And if XRP is used as a utility token for network usage, it’s harder to classify it as a security, right?

And I’m still enthused about Ripple’s potential. Over 350 financial institutions use its payment network, RippleNet, to receive payouts in more than 40 currencies across 55-plus countries. These RippleNet members can settle transactions in three to five seconds, compared to the days it could take traditional services and a high % transaction fee.

Yes, short term volatility is expected with XRP. It is also having a ripple effect (sorry) on other altcoins. But long term XRP is a buy. Consider buying on dips and stay the course!.