XRP Has Nearly Tripled in Value Despite SEC Lawsuit Due to ‘New Phenomenon,' Says Galaxy Digital CEO

A “new phenomenon” is helping XRP's price thrive despite the ongoing U.S. Securities and Exchange (SEC) lawsuit against Ripple, according to Galaxy Digital CEO Mike Novogratz. On December 22nd, 2020, the SEC officially filed a lawsuit against Ripple Labs, alleging that XRP was an unregistered security upon its launch and remains a security to this day. The post XRP Has Nearly Tripled in Value Despite SEC Lawsuit Due to ‘New Phenomenon,' Says Galaxy Digital CEO appeared first on The Daily Hodl.

Timeline of Xrp