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Jump Trading And Galaxy Digital Suspend Trading For XRP

Mary Liu

Summary: The situation of Ripple's XRP seems to get worse. According to The Block, Jump Trading, one of the most active companies in the crypto market, and Mike Novogratz's Galaxy Digital have suspended XRP trading. A spokesperson for Galaxy Digital told The Block: "We are not trading but will continue to evaluate as facts become available." ...

The situation of Ripple's XRP seems to get worse. According to The Block, Jump Trading, one of the most active companies in the crypto market, and Mike Novogratz's Galaxy Digital have suspended XRP trading. A spokesperson for Galaxy Digital told The Block: "We are not trading but will continue to evaluate as facts become available." Jump Trading declined to comment. 

The Securities and Exchange Commission has officially filed a lawsuit against Ripple. Some small cryptocurrency exchanges such as OSL, CrossTower and Beaxy have stopped XRP trading.

By Mary Liu

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