Let's Talk CryptoAuthor: Mou D
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Personal financial records of Ripple execs sought by the SEC
(Credits-AMB crypto)
Episode 5
Friday, 12 March, 2021
The lawsuit alleges that the two were personally profiting a sum of $600 million and as per the watchdog, they ignored the legal advice that XRP could be considered a security. Even though such a crackdown from the SEC was expected, the case may be a stepping stone for defining regulations around the cryptocurrency ecosystem.(Credits-AMB crypto)