BREAKING: XRP Won Against SEC. A Win For Cryptocurrencies

in #stocks3 years ago (edited)

U.S. Magistrate Judge Sarah Netburn ruled in favor of Ripple Labs by exempting Ripple's executives from providing their personal financial records to the Securities and Exchange Commission (SEC). Netburn granted the defendants’ motion to reject the SEC’s access to eight years of co-founders Garlinghouse and Larsen’s personal information.

Another big win in the lawsuit against cryptocurrency institutions!

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"My understanding about XRP is that not only does it have a currency value but it has a Utility and that utility distinguishes it from Bitcoin and Ether.”

Since XRP has utility, and Bitcoin and Ethereum does not, technically the price of the XRP should be higher than the price of the Bitcoin.