SEC vs. Ripple: A predictable but undesirable development

[Oxumare]

Friends, will XRP be able to rise above $ 0.70? From the $ 0.26 level, XRP gained more than 100%. The official response to the SEC is said to be positive.Ripple CEO Brad Garlinghouse has submitted multiple replies that XRP is not a security, and Ripple has officially transferred them to the court. But it is useful to follow the date of February 22nd.

[syedrasool2011]

The lawsuit will probably have results in our favor, so when the case is over , a person should be able to buy XRP for at least $0.44, otherwise we would give it very cheap and sell it without seeing $1 for that hold your coins sec report will be finish in future hold your coins.

[moantana]

The SEC has not given any mercy to ripple which has driven the price down steadily since then but ripple is now starting to emerge from this slump.

[syedrasool2011]

Ripple always good about SEC Everything was planned years ago. These banks been testing XRP trading for a long time now if that wasn't the case JP Morgan Head Executive wouldn't leave Chase for Ripple for that dont worry ripple will back again and boom in market again take place 3rd chance to beat eth soon.

[Cryptoz]

This is still ongoing and everyone is really waiting for the decision on 22 or 26 February.
The trial will really determine how XRP will go forward. We know that the XRP community is very strong and the developers can't possibly let them lose. But on the other hand, the SEC is a strong and lawful organization. Alright, let's just take a look. If XRP is no longer a problem, I believe that the price of XRP will bounce faster.

[Oxumare]

In the joint statement by the SEC and Ripple to the federal court, there has been no consensus for now.The two sides will continue to come together and talk about solutions.I guess Ripple could even settle for the $ 1.2 billion claimed in the lawsuit.
I am looking forward to the coming process.

[masudginanjar]

The SEC is indeed king of financial regulation in America, so like it or not, this RIpple coin must comply with the policies of the SEC.
Then I also saw that Ripple spent about 650,000 USD in administration fees to the SEC but so far there has been no fix for the problem.
It is very sad about the RIpple coin but this is proof that the Ripple coin must be preserved by Jedd McCalleb.

[I-Bit]

This is still on the process and they are still having their own argument with their strength and also a weakness. In this case, XRP will get the decision of the lawsuit in the US. However, I am not sure that XRP will be losing at that time. And we know about the thing will happen after the ifnormation

[Oxumare]

Mary Jo White, a former SEC chairman, on the matter of SEC's Ripple,said it was completely wrong.White is also among the lawyers who will defend Ripple against the SEC. 

Meanwhile, the SEC made new additions to the complaint file, and the 71-page file increased to 79. 

[wxxyrqa]

Of course, I understand that many cryptocurrency users advocate in Defense of Ripple, since they are investors in this project and hold large enough volumes of this cryptocurrency. But today there is a problem and it must be solved first of all, so that investors can not worry about risks and not succumb to panic, selling Ripples in the market, thereby bringing down the price.

[Fenix]

In the joint statement by the SEC and Ripple to the federal court, there has been no consensus for now.The two sides will continue to come together and talk about solutions.I guess Ripple could even settle for the $ 1.2 billion claimed in the lawsuit.
I am looking forward to the coming process.

As far as I know, the next meeting on the SEC suit is scheduled for April 12. Meanwhile, ripple in recent days began to rise sharply in price and now stands at $ 1.03. I have not found the reason for this growth. After all, three days ago, on April 6, its price was $ 0.78. Maybe something turns out in a positive direction on this claim? It seems to me that in any case, Ripple Labs will pay some amount, perhaps much less than the stated $ 1.2 billion.

[legend45]

Of course, I understand that many cryptocurrency users advocate in Defense of Ripple, since they are investors in this project and hold large enough volumes of this cryptocurrency. But today there is a problem and it must be solved first of all, so that investors can not worry about risks and not succumb to panic, selling Ripples in the market, thereby bringing down the price.

Yes I see.This is competition of crypto currency world. I think It is normal, And I believe ripple team will have good solution about SEC issue. We all know ripple is bank coin and has been supported by bank..I believe ripple will go up.again and more valuable..