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Peter Brandt: XRP Would Have Been Declared As A Security If SEC Understood Cryptos

Mary Liu

Summary: As a Twitter user shares a post that Ripple owns nearly half of the total circulation of XRP tokens, Peter Brandt, a well-known future trader and crypto analyst, responds that XRP would have been declared as a security if the SEC understood cryptos, it is a classic case of market manipulation by holders.  Ripple is ...

As a Twitter user shares a post that Ripple owns nearly half of the total circulation of XRP tokens, Peter Brandt, a well-known future trader and crypto analyst, responds that XRP would have been declared as a security if the SEC understood cryptos, it is a classic case of market manipulation by holders. 

Ripple is struggling with US regulation, Bitpush previously reported that Ripple executives want to relocate the company to countries with more friendly regulations like Japan and New Zealand.

By Mary Liu

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Link: Peter Brandt: XRP Would Have Been Declared As A Security If SEC Understood Cryptos   [Copy]
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