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Xrp Holders File Motion Intervene Ripple Case Sec Blamed Causing Multi Billion Dollar Losses

Short by News Room / 09:42 AM on 28 January, 2023

- A group of XRP holders has filed a motion to intervene in the legal dispute between the U.S. Securities and Exchange Commission (SEC) and Ripple. The motion accuses the SEC of causing billions of dollars in losses to the holders of XRP, the native token of Ripple, and seeks to have the court rule in favor of XRP holders, and to ensure that the SEC cannot continue its pursuit of Ripple.

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