The lawsuit alleges that the two were personally profiting a sum of $600 million and as per the watchdog, they ignored the legal advice that XRP could be considered a security. Even though such a crackdown from the SEC was expected, the case may be a stepping stone for defining regulations around the cryptocurrency ecosystem.(Credits-AMB crypto)

Folgen-ID: 1000512670915

GUID: 5217d358-0589-4ec4-8baf-0d57d7f76c79

Erscheinungs­datum: 12.3.2021, 10:51:08