Ripple’s XRP Relist Project Gathers Steam on Twitter

The hashtag “RelistXRP” started trending on Twitter in many nations as countless accounts dedicated mainly or totally to XRP continued to flood the social platform for the second consecutive day.Search Twitter for XRP-related content, and you’ll find the so-called’XRP Army ‘openly expressing their viewpoint that major crypto exchanges should undo their decision to delist their favorite token. At press time, XRP was up around 10% and trading at $0.56.

Anticipating Meeting You at iFX EXPO Dubai May 2021– Making It Happen!Below is a sample that records the tone of the tweets: #RelistXRP is trending in the USA! @coinbase pic.twitter.com/OFbG8jDBkB!.?.!— CryptoBull2020(@CryptoBull2020)March 21, 2021 Well done lads. #RelistXRP is now trending!! HODL #XRP!! pic.twitter.com/gQ3O8QvGz0!.?.!— Bull Run Wonka XRP FLR(@WillyWonkaXRP

)March 21, 2021 And some FUD attempts are also underway Suggested articles Why UTIP Affiliate’s Space is an Effective Marketing Tool for Forex BrokersGo to short article > > Anybody else noticing the problems with Coinbase? … could it be that they are relisting XRP? #Xrp #XRPCommunity #RelistXRP– Wesley Dunow(@WesleyDunow )March 22, 2021 XRP enthusiasts ‘most current campaign comes as a discovery hearing in the SEC

ongoing lawsuit versus Ripple produced “surprise bombshells “in favor of the blockchain firm. Lawyer Jeremy Hogan said in YouTube video

it has an utility, and that energy distinguishes it from bitcoin and ether,” Hogan estimated the judge.Hogan, who is not associated with the case, evaluated that this mindset would enable exchanges that delisted XRP to submit no-action letter demands concerning their transactions in the Ripple’s token.Ripple Reacts to SEC in Court As an outcome, there is now a new hope amongst XRP fans that crypto platforms might lift their ban on XRP trading– even before a final judgment from the court. And by collaborating and working together on several topics touching on the case, the ‘XRP Army’objectives to modify public opinion across the social media.As Financing Magnets reported, the SEC’s suit was filed against Ripple CEO, Brad Garlinghouse and Co-founder, Chris Larsen, alleging that they raised $1.3 billion by means of ongoing,

unregistered securities offerings because 2013. Although Ripple said it will object to the charges, the legal battle with the SEC might take years if the company battles the charges in court. As such, those who keep the token noted on their platforms may be at threat of being taken legal action against and fined if the SEC wins its case and the court considers XRP as unregistered securities.While the SEC’s lawsuit is a long method from being ruled upon, crypto exchanges took care about not connecting with prohibited assets.The Ripple’s legal group assaults the SEC’s$1.3 billion suit, arguing that the firm is just “Out of Action Domestically and Internationally.”They even more described that prior to this case, no securities regulator worldwide has considered XRP as securities.In the meantime, the Ripple group states that United States regulators(the Department of Justice and FinCEN )determined in 2015 and 2020 that XRP is a virtual currency. And, although the Trump administration looked for to reverse this ruling, which was originally made

throughout the Obama period, their token has actually been regulated as a non-security. Released at Mon, 22 Mar 2021 21:53:38 +0000

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