Ripple is going to court!

Will Ripple win the lawsuit?

Hello {{name}},
A lawsuit filed by the Securities and Exchange Commission (SEC) against digital payments firm Ripple is heading to virtual court on Monday, Feb 22.

The SEC alleging that Ripple “raised over $1.3 billion through an unregistered, ongoing digital asset securities offering”. The SEC considers XRP a security, while Ripple is arguing against this claim by stating that XRP has been always identified as a currency.

In response to the SEC lawsuit, the price of XRP fell by more than 50%, from US$0.55 to US$0.25.
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