Ripple (XRPUSD)

[stockvaper]

I agree Hole_shot_King. People are panic selling for no good reason.
The SEC will have their case dismissed on the grounds that they only have jurisdiction over securities not cryptocurrencies. (BTW, the SEC reacting to this 5 years later makes them look pretty lame).

Proof? FinCen fined Ripple in 2015 for selling virtual currency, not securities.....this is a precedent legal case which has to be considered by the court.

Any judge with an IQ greater than their shoe size would recognize that the government regulators can't call XRP a currency and then say, "no wait it's a security".
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I'm buying XRP at these oversold prices...when the case is dismissed. this'll XRP will rebound quickly.
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Regulators just demonstrated they are serious about making digital currency companies follow the rules

Ripple Labs, which distributes and exchanges its own cryptocurrency, XRP, is being fined $700,000 by FinCEN, a division of the Treasury Department, for "acting as a money services business (MSB), and selling its virtual currency...

https://www.businessinsider.com/ripple-just-got-slapped-with-a-700000-fine-2015-5