Lastly, it bears mentioning that during mid-2018, a class-action lawsuit is filed against Ripple in which the claimant alleges that the firm has propagated the use of a scam that allowed it to “raise hundreds of millions of dollars through unregistered sales of its XRP tokens.” The case ...
Sometime in 2020, the firm was facing a lawsuit from the SEC, which posed a risk to the future of Ripple. The value of XRP can swing wildly. The pricing was subject to considerable shifts over the year 2021. However, the bearish sentiment in the market caused the price to fall, and ...