You don’t own me: XRP price surge defies SEC’s clamp-down on crypto
Cointelegraph
Published Apr 09, 2021 09:24AM ET
Updated Apr 10, 2021 11:40AM ET
After the United States Securities and Exchange Commission initiated a lawsuit against Ripple alleging that the firm had been indulging in the sale of securities worth $1.3 billion, a number of prominent exchanges across the globe (including Coinbase, Kraken, OKCoin) proceeded to delist Ripple’s native cryptocurrency, XRP, from their platforms.
As a result, many across the globe thought it was just a matter of time before the once-promising project died a slow-but-sure death; however, it seems that XRP has been on a tear ever since the bad news dropped, with the cryptocurrency’s value having risen by over 100% since the start of April — currently trading at around $1.03.
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Written By: Cointelegraph
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