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Cryptocurrency XRP plunges 25% after SEC files lawsuit against Ripple - TL;DR CNBC

Cryptocurrency XRP plunges 25% after SEC files lawsuit against Ripple

Publishing timestamp: 2020-12-23 09:52:59


Summary

XRP price drops 25% as SEC sues Ripple and executives over alleged sale of unregistered securities. Ripple denies XRP is security, questions lawsuit's timing. XRP loses third-most valuable cryptocurrency spot. Ripple threatens to move headquarters outside of U.S. due to lack of regulatory clarity.


Sentiment: MIXED

Tickers: 8473.T-JPXRP.BS=SAN-ESBTC.CB=

Keywords: ripple xrp/usd bitstampbanco santander sacryptocurrencytechnologybitcoinmarketsbitcoin/usd coinbasefintechsbi holdings incbusiness news

Source: https://www.cnbc.com/2020/12/23/cryptocurrency-xrp-plunges-25percent-after-sec-files-lawsuit-against-ripple.html


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