‘SEC’s Lawsuit Is Not Limited to Ripple Sales,’ Says John Deaton
CoinEdition
Published Nov 25, 2022 05:39AM ET
Updated Nov 25, 2022 06:00AM ET
‘SEC’s Lawsuit Is Not Limited to Ripple Sales,’ Says John Deaton
- John Deaton says the XRP has been one of the top ten cryptos for a decade.
- Deaton further added that the SEC lawsuit is just not limited to the sales of Ripple.
- As of press time, XRP ranks number 7 token on CoinMarketCap.
Crypto Law Founder, John Deaton, in a recent post on Twitter, shared some facts about Ripple (XRP). Deaton claims that XRP has been one of the largest cryptos as it has stood the test of time. Per Deaton’s survey, the altcoin has been one of the top ten cryptos for a decade.
Deaton was seen defending Ripple in further instances. He went on to add that Davis does not know the difference between Ripple and XRP. He further added that had Davis asked if JPM’s use of Matic and Aave negatively impact Ripple’s business model, the claim would have made some sense.
While concluding the thread, Deaton stated that it’s a surprise that XRP remains one of the most misunderstood cryptos even after being around and near the top for a decade.
As of press time, XRP ranks number 7 token on CoinMarketCap. The price of the coin is currently moving at $0.4158.
The post ‘SEC’s Lawsuit Is Not Limited to Ripple Sales,’ Says John Deaton appeared first on Coin Edition.
See original on CoinEdition
Get The News You Want
Written By: CoinEdition
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.