XRP's Price Rises 30% to $1.30 in Mad Weekend Dash - Decrypt
The rise comes despite Ripple, the fintech company behind XRP, facing a tumultuous legal challenge from the U.S. Securities and Exchange Commission (SEC) since December.
XRP's Legal Drama
The SEC accused the fintech company of raising $1.3 billion in ongoing unregistered securities sales since 2013. Ripple denies the charges, arguing instead that the regulator should treat XRP in the same way it treats Bitcoin or Ethereum—as a decentralized project.
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