PHlightning27
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Ripple's win in the Securities & Exchange Commission (SEC) lawsuit has already drawn criticism from the crypto community. Experts speculate that Ripple’s status as a non-security gives XRP and its founders a free pass to dump their token holdings, adding to selling pressure across exchanges.
Previous instances of crypto founders and developers “pumping and dumping” tokens have resulted in massive losses for market participants. XRP’s status as a non-security is likely to promote such projects, negatively influencing market participants in the ecosystem.
Previous instances of crypto founders and developers “pumping and dumping” tokens have resulted in massive losses for market participants. XRP’s status as a non-security is likely to promote such projects, negatively influencing market participants in the ecosystem.