XRP futures open interest reaches $1.2 billion record
Cointelegraph
Published Apr 09, 2021 01:12PM ET
Updated Apr 10, 2021 03:20PM ET
XRP price's journey to $1 this year has been nothing short of spectacular, considering the ongoing Securities and Exchange Commission lawsuit against Ripple initiated in December 2020. The regulator alleges that XRP was a $1.3 billion unregistered securities offering, and both CEO Brad Garlinghouse and co-founder Christian Larsen are also in the crosshairs.
On Tuesday, Ripple Labs was granted access to the SEC's documents "expressing the agency's interpretation or views" on the subject of crypto assets.
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Written By: Cointelegraph
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